IOTA: presentation, technical analysis and strategy " week"

in #bitcoin7 years ago

The fifth tour of our cryptos opportunities has been delivered to your mailboxes! To learn more about our analyzes, we invite you to read this short introduction: Journalducoin: receive our crypto opportunities by mail. Today we publish an excerpt from this weekly analysis that will focus on IOTA.

What cryptocurrency do you want us to analyze next week?

The technical and fundamental analyzes of the week
Today, we will present 3 cryptos that seem interesting for investment in the medium and long term:

PIVX, an anonymous cryptocurrency using challenge evidence;
EOS: a project that wants to compete with Ethereum;
IOTA: a cryptocurrency that uses its own protocol (the Tangle) and uses SHA-3 as a hash function. In this regard, a video on SHA-2 will be available soon on our Youtube channel if you are interested. Remember to subscribe to not miss it. 🙂
If you want to discover each week cryptocurrency, and receive the complete analysis of this week, do not hesitate to leave your email in the form located at the bottom of the article so that we can send it to you!

IOTA: presentation, technical analysis & strategy

Created in 214, the IOTA makes it possible, among other things, to facilitate transactions between connected objects. IOTA does not use a blockcain, but its own protocol; it makes it possible to overcome the problem of scalability of the current virtual currencies; but also to get rid of transaction fees. IOTA used Curl as a hash function. following some potential faults, he now uses SHA-3.

Suer IOTA, no minor need. a user wishing to send money must first check 2 transaction previously made by other users for his transaction to be registered on the network. this method allows for many adventures. one of them is the fact that IOTA will be much more decentralized.This project is very promising, but we can not go into more detail in just a few lines, of course, having IOTA on a long-term portfeulle would be interesting.

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IOT / USDT H1 - IOTA is launched without an incredible upward movement for one month now. Short term. it evolved within a symmetrical bevel not far from the lower terminal. A first possible strategy is to buy IOTA by anticipation in visan the high bevel. a second strategy would be to wait for a free exit of bevel from the top to return to the purchase and keep in his portefeulle to capitalize on the long term. Part of the profits can be taken to secure the position.

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