UPDATE: Crypto Investing Strategy - November 2020 (Will Bitcoin Keep Pumping?)

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Another month, another update on my cryptocurrency investing strategy. Enjoy!

🧠 FREE CRASH COURSE - Learn to securely buy, store and sell cryptocurrencies:

https://louis-thomas.teachable.com/p/buying-bitcoin-crash-course


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14 comments
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Good to see you've switched to posting directly to the LeoFinance community :). Next step is to use the leofinance.io Hive front-end to maximise your LEO earnings.

As always, love your work. I'm going to check out that free course in your signature.

Posted Using LeoFinance Beta

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There is a huge amount of support at the $12k level.
That would be a 13% dip.
Fits right in with your theory.

Personally I think corporations are pushing the price up way too fast for any kind of dip.

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You might be right. But if price went down to $12k, great chance to buy the dip

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I really don't have time for looking at charts all day every day. Dollar cost averaging is the way to go. I also agree with you on ETH having more upside potential than BTC at this point simply because less money is enough to move ETH than BTC. Percentage-wise both BTC and ETH have moved up about equally from the bottom. But ETH has a longer way to go to the ATH of 2017/2018.

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Nice analysis of BTC short and long term. Pretty cool that you can exchange your LEO earnings (if you so decide) straight into ETH in your MetaMask wallet now. Which will do better, LEO or ETH? 😁

Posted Using LeoFinance Beta

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It is great to see a content creator like you publishing directly on the Leofinance platform, welcome, I will also check your free course, I hope to see more publications from you.

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Posted Using LeoFinance Beta

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Welcome to the family Louis..same last name, same great looks:) I watch all your YT videos, would love to get you on the Leo Podcast for an interview. I realize you are probably in the UK so to get all the guys together and yourself might be difficult. Thus, I'm suggestion @khaleelkazi, the founder of Leofinance interview if you are game. Let me know and or hit up @@@khaleelkazi in discord.

PS - keep up the great work...rock on.

Posted Using LeoFinance Beta

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Not doing interviews atm, but really appreciate the offer and warm welcome! Thank you!

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I think that you're right lots of traders will want to take profits at the 14k level and there will be a pull back, but I think it will stay low for some time, historically we always see people want liquidity around the end of the year its Christmas, black Friday, new years and holidays so they liquidate their positions and worry about it next year, I think this will be the last 10k, or even if we lucky sub 10k drop before we kick off in 2021.

I'm holding back some fiat waiting for a 10k and fire off some buy orders

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(Edited)

Appreciate you saying that there are opportunities to trade in coins other than Bitcoin. The Lion's share of my portfolio is comprised of $HIVE and the LEO layer-2 token. I do have a little bit of $ETH.

That is what I like about posting and commenting on LEOFinance.io. Since my metamask wallet is connected to my LEO Finance wallet I have the option to claim my rewards as LEO Token or $ETH! Just one of the many benefits I have experienced using the LEOFinance.io website.

Thank you for providing your free Bitcoin course. I am familiar with blockchain and how it works. I have a workable knowledge of DPoS (Delegated Proof of Stake) protocol but not so much PoW (Proof of Work). It will be interesting to see what happens when ETH totally transitions to the DPoS PoW hybrid protocol: CASPER.

Blessings and groovy vibes. Have a great week!

Posted Using LeoFinance Beta

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