September is getting off to a VERY rocky start here in Crypto Land. But the end of the DeFi run is far from confirmed (though seeing Kimchi get to $500M in a blink is a sign that things had become beyond irrational).
Regardless, I’m cautiously adding to my stacks of coins that stand to benefit from the scalability issues on ETH, but I’m ready in case Bitcoin violates critical support, as that would signal a macro change of the cycle.
Hopefully we hold above $10.6K for BTC, and if that fails we need to stay above $9K or it will be time to take profits.
Though if 2018 is any guide, we could still see Alts rocket one last time even if we get a “death candle” on bitcoin.
In the end the best strategy is to remain HIGHLY ACTIVE and prepare a clear and logical strategy for how you handle each hypothetical scenario.
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DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR!
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