So from now on im going to be publishing weekly articles on where i stand on the cryptocurrency market and my positions and where i see them going so follow for upcoming posts. :)
So as we all have seen the market has been swinging up and down ( Like usual) but more so for altcoins. Which for the casual investor can be a very very very good thing.. For instance I traded NAVcoin (gave me a 35% gain), TokenCard (gave me a 45% gain), Linda (gave me a 54% gain), Synergy (gave me a 32% gain). Listen im not saying that these will be the next best things or will even hold current value but mine as well take advantage of these price jumps and ride the waves. How i was able to find these trends are KINDA simple.. 1 FOLLOW CRYPTO NEWS! The minute news came about that bitcoin wasn't really that secure and how new coins using lightning networks were the next best things, a whole bunch of cyptos exploded like litecoin, vertcoin, PivX and more. I immediately bought some picks that filled those categories and boom. Now not saying that that is a way to invest but its worth a try since most of the time this market is all hype. Next is finding a trend, if it isnt gonna go up by hype, then its gonna go up by those casual buyers that keep buying no matter what the price is, that my friend is also a big thing to look out for. I know this isnt too detailed but in the upcoming ones i will, just wanted to test the waters on this.. Also before i go i want to give you guys some possible investments that i hold and am holding for midterm.. Some that I am holding are Vertcoin, XEM, Neo, and Trustcoin.. Just some food for thought.. Will update as much as i can so follow :)