Buy the Dips
Hello everyone, today I am pleased to give away two dips to buy in.
Before to start remember:
Buy the dip: is better to place 3 buy orders at different price, not to miss the real dip (see example in the picture).
When you buy or hold altcoins be aware of the possible trends in the future of the market.
Plan your strategy in advance and track your holds, if price drop a little bit no panic.
A useful mobile app to do so is Cryptofolio.
It is intuitive and easy to use, I will soon write an article about it. Allows tracking all your holdings, and It visualizes the gain and loss according to changes in price.
HERE THE LINK
https://play.google.com/store/apps/details?id=com.asendia.cryptofolio
I know I know let’s start with the dips to buy in
1 Power Ledger (POWR)
Current Price $0.561611 - - - Total supply 1,000,000,000 - - - trading on Binance
Short target is near to 1$, long term target... I guess Power ledger can became big
POWR plan is to revolutionise the energy industry by offering a blcokchain based network, where users can freely trade energy (peer-to-peer) between each others.
Testing on this tech has been already done in Australia and it seems to work well.
In addition they are developing and testing the first platform to trade energy for EV electric vehicles
For example if you use solar panels and you over produce energy, someone can buy your energy and pay you almost instantaneously by using the SPARKZ token on the power ledger platform that is in development.
The PROs
• As start-up project POWR received already massive support AU 8 millions$ from Australian government. Important Partnerships are already here with: ORIGIN a big Australian energy suppliers and with the Indian Tech Giant Mahindra
• Promote the use of clean energy usage like solar and allows the generation of micro gird system with in a community allowing completely independency from the energy producers. Prototype already in place and working
• Decentralise energy production and trading. This is attracting massive attention due to the high scalability that this project has. If just one country completely adopt it.. this will go to MARS
The CONs
• After the ICO, the price jumped to 0.9$ and now is down to 0.56 I wouldn’t really call this a deep but it’s still a good entry point. It might go lower so if you invest now, you might see some red candles in the next future.
ChainLink (LINK)
Current Price 0.244549$ ---Total supply 1,000,000,000---trading on Binance
From a chart point of view this is a buy in
The price is now in a deep 0.244549$. Previously they touched 0.527$.
Ok now for ChainLink is important to know that I don’t like the small team that they have, the small marketing and the few updates they give.
They are trying to become the bridge for smart contracts between the block chain and the data coming from the real word. If they can create this kind of bridge many enterprise will be using ChianLink to put data on the blockchain and integrate this data in smart contracts.
This is a bit complicated to explain but I will try my best not going in to much details.
Let’s make an example. Your health insurance is based on smart contracts and the blockchain.
Chain link will works as bridge in different ways
It will process the information arriving from the insurance company, the hospitals and from you the insured person, and it will integrate it in the block chain. So it takes information from outside the blokchain and integrates them to the block chain.
It will verify if the information arriving from you (for example you broke a leg) are real and then will use the information to execute the terms of the smart contracts that you signed with you blockchain insurance. So if you broke a leg the insurance pay your hospital bill.
It will also interact with payment system
This is just an example but ChainLink can be sued to integrate any data sets in the blockchain like meteorological, financial, scientific, or anything you can image. Visit their website for more info.
The PROs
• Collaboration with SWIFT that is a leading company to secure financial services
• Bridging two important aspects of the block chain, integrating smar
• Price right now and chart patterns
• Good domain SMARTCONTRACT
The price chart shows a cup and handle pattern which normally is followed by big rise in price.
The CONs
• Poor marketing and Small team
• There are few Competitors out there that try to do the same. Aeternity and Oraclize.
• The holders of LINK token don’t receive any profits
• Their project is really poorly explained. Complicated to understand
• You need to hold it for a while to see big profits
Please don’t consider the following as economic advice. This is my simple opinion. This is not an advice to buy or to invest in this coins do what you are pleased to do.!
That is all,
I hope you find the articel interesting .
Please comment and upvote.
As a community memeber I need your insight and advice in order to find out about the best and more promising projects to invest on. The more we activly interact the better outcome we create.
Best,
G