Hey guys, I know this is speculation thread but I'm here already 2 years and I would really appreciate some advice from u guys, I'm over 3 years full in Monero, but the last 7 days I am starting to think I need some bitcoins to... Would it be wise to buy bitcoins with 10 procent of my xmr stash? Or u guys think it's to late and Bitcoin wil come down when it reached 5000$?
XMR has pretty underperformed for 2017, it is on daily chart oversold in BTC, RSI oversold. Usually this is the point where a pump is near. If XMR pumps in BTC with this high BTC price, we can see 100 or 150 USD pretty fast.
I would hesitate to sell XMR now especially as the emission curve is going down and XMR thrown on the market every day by miners will drop in quantity.
I know, I follow xmr price very closely and I see it's undervalued... But I don't have any BTC and i have a feeling I really need to have some...