Loading ...STEEM finally breaking out !
A few days ago I wrote a post about STEEM picking up steam: https://goldtadise.com/?p=404314
Now STEEM seems to have definitely broken out:
Against BTC (Bitcoin):
Against ETH (Ethereum):
Actually ETH Ethereum looks a little weak after its huge 7500% run up in 17 months and I suggest that time is ripe to replace it by its twin ETC Ethereum Classic. It has recently broken out against ETH and is completing its backtest:
This is a long term chart, so this breakout should be significant. Ethereum Classic has the same tecnology as Ethereum. While ETH has been the crypto Darling lately, the big boys will soon realize that ETC is undervalued relative to ETH. There is a strong positive divergence in the RSI.
I’m trying to get my feet wet into all this cryptocurrency with a small 3% capital as you suggested in one your posts. I’m thinking about just putting it all in ETC and just sit back and see what happens…. Figuring out how to buy ETC though isn’t as easy as I thought. just signed up for poloniex, so I guess I’ll have the weekend looking into how to get this all going step by step =)
Thanks for all your posts dangermouse!
You will see, poloniex is easy if you already know how to trade stocks. However you cannot convert fiat $ into cryptos on poloniex. You have to do that on http://www.uphold.com or on http://www.coinbase.com and then send BTC to poloniex in order to trade them for ETC. I am really happy if I could help you through my posts ! Good luck dyu626 !!