What signs would you look for re. entry over the near-term? Assuming I'm okay with using BTC as the reference metric for my portfolio (as opposed to fiat), is it fair to say that
if these present BTC/Alt ratios hold post 8/1 (lol) that this is a...reasonable...point for entry?
For instance, BTC/STEEM is hanging around where you started in May, so by that metric, it looks much better now than a month ago. On the flip side, BTC/fiat is awful right now. I get more STEEM for my BTC, but start with less BTC overall soooo... (I guess just do the math?).
Got greedy with the last correction and actually had a bunch of limits whiff just below the bottom. Been playing much more conservatively since then and ultimately been camping out like 80% in fiat for the last month (little dips in/out) because I really didn't trust the upswing. Portfolio is green, but I think I'm missing the forest for the trees. Kept hoping for one more selloff...
Ultimately want to take a position and mostly hold. Clearly a risky time to buy BTC, can't tell what to look for for making the Fiat -> BTC -> Alt jump though. :/
And as always, I appreciate the updates on how your numbers are looking.