Altcoin Ideas.
BTC has been fluttering around this $6500 range which has become increasingly frustrating to be honest. There have been a few issues causing this, such as the ETF bullshit, causing insane levels of volatility. For example today we saw a candle with $7000 hit before quickly falling back to the $6500 region.
Just from reading others opinions online people still seem bearish with potential movement down below $6000 seeming realistic from numerous respectable sources in my opinion. Thus my entries into alt's are being held off for the moment even though I really should do my own research.
Anyway, this is where we look like a breakout might happen, lol jk who really knows. As stated above this stupid fucking $6000-$6500 range has creating chaos, with leverage traders on Bitmex getting wrecked on their x100 levels lol.
But this is not the point of why I am writing this, I want to explain some of my interests and why I have the audacity to talk about it. Currently I am watching two coins closely, these are: WanChain(Wan) and Icon(ICX). Throughout this bear market they have been destroyed, like we are talking around a 90% drawback from their highs however they legit have decent projects and thus the potential is huge. Wanchain is offering the opportunity to easily hold and transfer funds as well as supporting transactions on the Ethereum network. This has been strongly shilled by numerous people I follow closely and is something which holds strong fundamental value and has the potential for a x10 gain in the future(no guarantee). We are seeing what seems to be the bottom under the $1 mark per coin and it does seem to be holding, bold statement I know, but I am still waiting, fuck knows what for but just in case it does dip again and then I believe an entry into this market is looking realistic, and I will be holding this position for some time.
With ICX there seems to be even more hype and price is low, again I am still waiting, dunno what for but I believe there will be another drawback. Their website alone is nuts, but they working on helping all sectors work more efficiently, such as insurance for example, where they aim to reduce the middle men and allow customers to obtain what they rightly deserve through smart contracts. Plus they have integration within banks, school ans even hospitals and if the firm keeps up with their plan the opportunity for serious changes in each of these sectors is clear but also there will be substantial financial gains potentially if u are careful. But one thing to watch is the inflation levels, as only half of circulating supply of this coin has been released and thus depending on release levels it might lead to dumps and potential hiccups in the road but tbh that is just life.
Thats all for the moment, this is all my opinion and might be completely wrong so I would recommend doing your own research!
Peace.
The Naive Trader.
TradingView.com, 2018.
CoinMarketCap.com, 2018.
Just from reading others opinions online people still seem bearish with potential movement down below $6000 seeming realistic from numerous respectable sources in my opinion. Thus my entries into alt's are being held off for the moment even though I really should do my own research.
Anyway, this is where we look like a breakout might happen, lol jk who really knows. As stated above this stupid fucking $6000-$6500 range has creating chaos, with leverage traders on Bitmex getting wrecked on their x100 levels lol.
But this is not the point of why I am writing this, I want to explain some of my interests and why I have the audacity to talk about it. Currently I am watching two coins closely, these are: WanChain(Wan) and Icon(ICX). Throughout this bear market they have been destroyed, like we are talking around a 90% drawback from their highs however they legit have decent projects and thus the potential is huge. Wanchain is offering the opportunity to easily hold and transfer funds as well as supporting transactions on the Ethereum network. This has been strongly shilled by numerous people I follow closely and is something which holds strong fundamental value and has the potential for a x10 gain in the future(no guarantee). We are seeing what seems to be the bottom under the $1 mark per coin and it does seem to be holding, bold statement I know, but I am still waiting, fuck knows what for but just in case it does dip again and then I believe an entry into this market is looking realistic, and I will be holding this position for some time.
With ICX there seems to be even more hype and price is low, again I am still waiting, dunno what for but I believe there will be another drawback. Their website alone is nuts, but they working on helping all sectors work more efficiently, such as insurance for example, where they aim to reduce the middle men and allow customers to obtain what they rightly deserve through smart contracts. Plus they have integration within banks, school ans even hospitals and if the firm keeps up with their plan the opportunity for serious changes in each of these sectors is clear but also there will be substantial financial gains potentially if u are careful. But one thing to watch is the inflation levels, as only half of circulating supply of this coin has been released and thus depending on release levels it might lead to dumps and potential hiccups in the road but tbh that is just life.
Thats all for the moment, this is all my opinion and might be completely wrong so I would recommend doing your own research!
Peace.
The Naive Trader.
TradingView.com, 2018.
CoinMarketCap.com, 2018.
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