I wouldn't at the moment. Theres money to be made day trading ALTs but theres big money to be lost if you're not up on the game.
ETH is a safe bet in the future but see where this week heads.. If XMR went sub $100 i'd see it as a buy.
But never bet what you can't afford to throw away that same day.
Bitcoin still has 20 to 1 leverage for evey $ entering the system toward the market cap, so the actual appreciation without leveage prices it around 31/32k
That basically means the next price point for a sensible/lower risk 'investment' is the 31/32k mark.
If he cashed out today then it'd change perception. People would follow. MOney follows Elon - look at what just happened with doge from one dojo comment on twitter.
Bull run or not BTC's actual appreciation without leverage prices it around 32k. Thats the trigger point for a future buy.
I honestly think BTC will see 100k BUT first i 'think' we'll see a correction to around 30ish. I may be wrong and it may
soar to 100k. Here comes the second 'BUT,' I know a couple of whales (hate that term) who are out at just under 100k.
Because they treat it as an asset rather than a long term...
I refer you to 'can you afford to lose your investment.'
You're simply betting on continued supply and demand vs a correction.
I'm in and hodl'ing at these prices i'm not buying.
See above. You own 1/4 of a coin or there abouts. If you can afford to forget that 10k then let it sit.
You'll no...
0
at 56k Elon will have made 1 billion profit.
I have my suspisions that he's suckering wealth in knowing that money always follows his. (Doge coin was a test. Its a joke meme coin with zero real world value and look what happened when Elon bought some..)
Then he'll sell. The price will...
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