Hi guys,
As I am not seeing much volume in bitcoin and the majority of alt coins are pushing towards/slightly past their resistance levels I have decided to take the majority of my profits out in fiat. Specifically, I have sold all of my position in ripple XRP. I will be using this money to re-invest into the market at a later date. This is because I expect a drop back to support levels for a significant number of coins over the weekend and i don't want to be caught without some capital to buy them back up.
I still believe that crypto currency is a great investment of course (I still hold a lot in crypto). However, I am expecting some nice buying opportunities over the weekend/throughout next week as a significant number of coins will likely bounce down from their resistance levels.
Just thought I would blog about this to keep you guys informed!
As always, remember - bulls make money, bears make money, but HOGS GET SLAUGHTERED!! Don't be a hog guys!!
Donations always welcome:
Ethereum address (any ERC20 token): 0x15dFDafD261A263162178C994D7F78355B59dCca
