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RE: Bitshares Price Forecast - 13th July

in #bitshares7 years ago (edited)

Finally someone who makes sense with TA. I don't trust it myself and look for fundamental value as my primary tool.

  • Fundamentals +:
    -financially strong. So strong they plan on distributing dividends.
    -continuous development.
    -not only traded on an exchange. They own one.
    -1000 times faster than bitcoin
    -large ecosystem
  • Fundamentals - :
    -experienced a flaw in the network this week. Fixed in a couple of hours.

Recommendation: buy
Target price: equivalent to litecoin.

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This is a good investing strategy, free from the risks that come with trading.

There is no such thing as risk free. That's why prices jump all over the place.

I never said entirely free of risk. Just free of the risk that you'll have less coins/shares than you originally invested in because of bad trades.

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