we have one thing in common, for sure, we all are people who have adopted an early technology: crypto and blockchain. Many of us are claiming they have opted out of fiat money and opted in crypto; well that's a great claim, I can't do that since I still have my business and investment, mainly on fiat money and regulated centralized means of capital and assets, but I'm trying to put more gain to my crypto assets over time.
Why Cryptos don't moon?! - source
Choosing the currency to invest on
My recommendation is simple: choose fundamentally.
well, speculation is sweet! I know; but listen to your friend and focus on fundamentals!
Ethereum chart analysis
if you haven't read my previous post on BTC Technical Analysis, I'd like to encourage you to do so! because:
- ETH has followed almost same pattern;
- we are still on the same track, but at a more important point.
here is the old post: Where is Bitcoin going?
here is the ETH/CAD daily chart:
the two blue lines have hold as resistance and support levels for a long time. and now the trend should choose which way to follow.
2018 was a bad year for crypto
but this can change soon, since I can't imagine the down and lows could hold more. the market needs a reason for people to put back their money in to it. all the other options for investment in the world are manipulated with governors and no one denies recently these governors have been mostly on the wrong side of the table, against their own people.