Everybody will be Correct!!! (or at least have their own opinion) - 7 Examples.
G'day,
As you all know, I'm definitely no Expert when it come to the technicalities of Bitcoin or Cryptos!
I could spend the rest of my life trying to understand the whole Blockchain concept!
Anyway, as far as I'm concerned, I don't need to know all that "In Depth" shit.
Somehow, I tend to look at the Big Picture and try to see where it might end up in the Future - then "Have a Go".
Based on this, we've got a bit of Bitcoin and some other Alt Coins, which I reckon is a Great Move!!
I had a look at these charts and I think I can see a theme developing?
It's just the top 5 and a couple of others we have to round it off.
Sometimes, you just have to make a judgement.
So far, I think the 4 main criteria will be the obvious things to keep an eye on:
- Total Market Cap
- Price History v Market Cap
- Volume Sales
- Price & Market Cap v Bitcoin
I would love to hear what the people who understand how this works think of the current situation and what you think the future is?
Much Appreciated!
@plumey - Wayne.
Very obvious tight chart.
ETH v BTC
Steem is very interesting!
EOS struggling to keep pace - Will Dan come through?
Image sources - charts by www.coinmarketcap.com (others freely available on Social Media)
Yup, I've decided to move from forex trading to crypto trading completely. It's easier making gains here than forex
a lot of pairs with BTC has been in the red all weekend. I too feel one can not go wrong trading into altcoins when doing their own due dilgience.
I think it's up to each individual to work out what it is they want to achieve - everybody will see the charts differently?
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With the upcoming BTC fork give away BTC will probably continue to gain value and altcoins will continue to dump as the price of BTC goes up. Once both the forks happen we will see the market cap aftificially inflate due to the free coins and btc will probably drop back down and most of the market will remain stagnant through the end of the year.
Just my thoughts.
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