The CryptoCurrencies To watch For. Win it or Lose It.

in #crypto-currency8 years ago (edited)

Not long ago, i started trading in Digital Currency. And i got involved into it about 7 months ago.
Many of us keep wondering, "what should i put my money in?" "When is the right time to Buy an asset or the Digital currency."

It Doesn't Sound simple, Does it?.


cryptocurrency2.png

While We see Huge Dips in some currencies, The other currencies just rise from the unknown. Some Hit Pump and Dump. While Some get adopted as a Fixed Currency. E.g. Bitcoin and Ethereum.

If you look back at the time of inception of these currency, No one expected them to be the medium of exchange now.
While Ethereum has become the major source for ICO holdings, Bitcoin is considered the digital Gold.

Few days ago, Market went in Depression. Bitcoin From $2760 Dipped to almost $2200 within a short time. Between 27th-28th of this month. Not Just bitcoin, But all the other currencies took the blow. For Ethereum Fell From $350 to $230. But now the market looks stable. Anyone who got their hands on that time, made a good bet.

Lets Have a look on how some of the Cryptos Would perform in coming days, or months.

  1. Ethereum:
    With more of ICO's coming, And as long as they keep using Ethereum (Which They will) the ETH prices. Even though the prices fell by $100, it doesn't mean the currency is lost. But think of it as a correction or some stupid billionaire sold million $ worth of eth. All you need is patience and long term holdings. Remember Bitcoin? once dropped from $1000 to $600? Or maybe you thought it is no more valuable and sold them. Well For those who held them, are now basically millionaires.
    So Are you looking For a Short-term trade on ETHEREUM? And want to know How much to sell at?
    Short term Investment: Sell order at $432.
    Long-Term Investment: Sell order at $600
    Have a look at a Month old Graph of Ethereum.

Screenshot (32).png
Graph Source


  1. LiteCoin
    While Litecoin being considered as the Digital Silver, it's performance has been fairly stable. With neither going super high, nor going super low. This is a sign that this currency is highly predictable. Few days back this coin hit $40 plus, and now is quiet stable and is moving around the $40. With its maximum supply of 84 Million, and the current supply of 51,764,957 Million It looks as if the demand is soon to hit its maximum supply, sooner or later. This means it's a great time to bet your money in LTC. If it even goes Down, Don't Panic. A lot of traders make the mistake and sell. Avoid This at any cost.
    Short-term trade: $47 (2-4 months)
    Long-term trade: $62 (8 months)

Screenshot (34).png
Graph Source


  1. Gnosis
    Gnosis is an asset. With limited supply of 10 Million And current circulating supply of 1,104,590 Million, This asset has already crossed the value of $230+. Investors have already started buying this. As the circulating supply reaches 2Million The value will surely surpass the mark of $300 in no time. And this is the time you get your hands on GNOSIS. With all that said, this asset can really be valuable in long run, and can surpass the value of ETH.
    Short -term trade: $300
    Long-term trade: $650

Screenshot (35).png
Graph source



I hope you have some trade ideas of these 3 Cryptos. I Will Try to Bring more Analysis of Other Currencies soon.
Thanks For Reading.



Follow Me


Do You Like Taking Mobile Photographs?
Join My Mobile Photography Contest


Have more Questions For me?
Join me at P.A.L NET, WhaleShares Discord Channels.



DQmRKgYYp1TzWmvqtnfbMSLZQSgUXinUxqyHyd39HZ8j7gx.gif

Sort:  

Yes I agree with you on this and also Litecoin has always been strong and stable. Great post keep it up ! Upvoted and followed.

My tiny portfolio for litecoin

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Manishmike10 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.

Steem is the way to go definitely
$10 by the end of the year
Please follow me I'm going to follow you right now

Nice work @manishmike10 I haven't looked into Gnosis that much, but I see it around a lot.. Gonna have to take a gander at this one ;D

Good analyses! Resteemed

surely, take a look..

gnosis just crossed $380 lol... did you catch it at 230?

I think we need to also take into account that the UASF has a chance to tear the btc infrastructure apart. If this happens, Litecoin can gain an even higher traction.

Also, your signature is about give me the strongest migraine ever, lol

Any serious cryptocurrency advocate must be in it for the long run..
Upvoted and following you - you may enjoy my post on Cryptocurrencies and taxes!

This post received a 3.4% upvote from @randowhale thanks to @manishmike10! For more information, click here!