SteemLeo Is Here Lets Talk Investing! by bitcoinflood

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· @bitcoinflood ·
$11.61
SteemLeo Is Here Lets Talk Investing!
![Untitled design (27).jpeg](https://cdn.steemitimages.com/DQmScMfnMaKMU4pd32qPPR4UAhSzVZ76Y12Qja1RXPACtmL/Untitled%20design%20(27).jpeg)

With the launch of SteemLeo the community is all about investing. Which is one of the key areas I write about often.

Investing in cryptocurrency is highly speculative and 90% of the time is traded on news instead of core fundamentals.

Keeping on top of the news and watching past trends often helps to determine what Bitcoin and other cryptocurrency might happen next.

At the moment bitcoin prices are rising again but down off their $13,500 highs we saw just a few days ago. It's been through some rather wild signs in the last week from $13,500 down into the $9,000 levels and now back to $11,427 at the time of writing this.

The biggest thing Bitcoin has been waiting for is global adoption and much of that was turned towards ETFs and if an ETF is approved that Bitcoin would put the 2017 rally to shame.

However with the recent crazy and quick swings of late and ETF seems further off then ever. The SEC looks for things such as this and is fearful of the amount of money that could be quickly sucked out of the system and country by approving such a ETF or approving Bitcoin itself.

However being that it is decentralized it also means that investors at least more do have the ability to invest into bitcoin. The biggest thing we have been waiting for is institutional investors which are the people and entities with large amounts of funds that could be injected into bitcoin. This seems like it might not happen any time soon which ends up making me think the rally will be on the slower end this time around.

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vote details (210)
@steem.leo ·
$0.05
Excited to have a veteran like yourself on Steemleo. Thank you for joining the platform and cheers to the many great investing discussions to come!
👍  ,
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@bitcoinflood ·
Thank you! Good to be here with a bunch of like minded people. This will for sure be one of the places I spend a majority of my time.
👍  
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@chesatochi ·
I will look closely this new project.

Posted using [Partiko Android](https://partiko.app/referral/chesatochi)
👍  
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@bearbear613 ·
so if I do my technical analysis on bitcoin or any other coin, or market USD etc.. use #steemleo tag?
👍  , ,
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vote details (3)
@arthur.grafo4 ·
You question, to me it sounds like you are hoping it will give you some sort of edge. If you are guided correctly even 51% of the time, theoretically you should be ahead...but real life rarely behaves according to theories. For instance, you get advice a few times which is successful for you, so the next time, you decide to be brave and triple your investment...but, as it usually works out, this is the time that the advice belongs to the 49%....

Whoever advises, whoever helps, you must first learn all you can so that your own knowledge and intuition help guide you. Then play with your money if you want.
👍  
👎  
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@theb0red1 ·
Yeah, that's right. Idk wth Arthur is talking about though lol
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@chesatochi ·
We live in a great time and always exiciting to have a community dedicate to crypto investing.

Posted using [Partiko Android](https://partiko.app/referral/chesatochi)
👍  ,
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@adenijiadeshina ·
A favoruite tribe for investor talks
👍  
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@tbnfl4sun ·
Well, you beat me here, I think this will be a great place to hang out! More tokens=yippie yahoo!
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@newageinv ·
Looks like a good place to stick around and engage with investing being my favorite subject!  Not sure how I missed this but it was a pretty busy day at the office!
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