AntShares (ANS) Break Out: Should I buy It Now?

in #cryptocurrency7 years ago (edited)

As a cryptocurrency investor, I have been watching Antshares and trying to analysis this cryptocurrency. I just feel like sharing this information with my STEEM community, just in case anybody is interested.

What is Antshares (ANS)

Antshares (ANS) is China's first ever original and open source public chain project, and serves as a smart assets platform. Smart assets are the combination of smart contract of blockchain and digital assets. Antshares allows for a smarter way for assets registration, issuance, and circulation. [1] See market overview below.
ANS_Overview.JPG

Antshares is currently trading on 5 exchanges in the figure above.

Antshares Performance Overtime

This Antshares performance June 11th,2017
Antshare_6_14-2017.JPG

Antshares price was $1.64 in less than 10 days ago, now over $6.00. See the table below for overall performance since existence of Antshares in the market.
AntPerformance.JPG

Source: https://www.worldcoinindex.com/trending/overview

When can I Buy Antshares

AntShareBittrex.JPG

Source: https://bittrex.com/Market/Index?MarketName=BTC-ANS

Based on the above chart and Market analysis, I will recommend a buy at $3 or a price below $4. However, If your investment strategy is to buy and hold for long term, you can just buy it now. My believe is that Antshares blockchain will be widely adopted in China and has huge advantage over there considering China’s market is large.

Please, feel free to drop your comments and your view about Antshares.


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SOURCES:

  1. https://www.antshares.org/Home/Index#page3
  2. https://coinmarketcap.com/currencies/antshares/#charts
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I also got in at a decent price point. I can see this hitting $30 at some point for sure, I'm holding long term until we create an ant hill on a moon crater.

Nice @blakeh, You can get some more now, the price has dropped to about $8. In the long run, its highly profit.

After 12$ max price it make %50 retrecement, so that $6-$8 is very good prices for buyin, by the time it will be $25-$30$

I've invested in ANT over this weekend and seen some very nice returns already. Everything I've read and researched suggests what you've said - This could well be adopted very very heavily in China which suggests the price will only go one way long-term!

@smudgster, Luck you. I see ANT going big.

Yeah i bought at $5.40 technically it should reach $300 by the end of the year.

Why 300 because of market cap?