Unbelievable!!! It does prove my point on how much emotion controls the market making predictive algorithms useless!
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Unbelievable!!! It does prove my point on how much emotion controls the market making predictive algorithms useless!
Yep. I am not sure what anyone is trading on these days. News? Nope it's fake. Charts? Nope they get whipsawed and wrecked every other day. Gut feeling? lol maybe, but your gut has you down 70% if you followed it late last year.
I just check around various crypto news sites looking for something worth buying. Then I read the white paper to see if A) it fills a need in the cryptospace or society and B) do they have a plan to market themselves. Then I look to see if they're active in any markets.
For an example... VeChain is one I bought recently. They just signed a contract with the government of Shanghai, so they fill a need. They're also getting picked up by a couple of more exchanges. I bought for $0.01 (the "experts" say it will hit $19 or $20 by the end of the year- If it hits a buck, I make $20,000 on a $200 investment. In lieu of having a crystal ball, I don't know any other way. I gave up on the talking heads on Y-Tube long ago.
Yea I mean long shots like that might be your best bet. Just gotta buy a lot of em and hope one or two pan out. If you buy anything already trading in the top 100 on coinmarketcap they all just move together with bitcoin currently. No reason to do any research they all move pretty similar.
I picked up 20,000 and it's already up almost $0.006. It was close to 2 cents when we had the dip. I doubt it will hit the expected $20, but I don't think a buck is out of the question. Another I like is Stellar Lumens and of course EOS.