Moontec 2018 - When Will The Bleeding Stop? Is Bitcoin Doomed?
Presented by Dr. Chris Kacher
My metrics, when taken together, have called the few but major tops and bottoms in the price of bitcoin since 2011.
Cryptocurrencies have a high degree of correlation with bitcoin, thus I've been able to buy coins that well outperform bitcoin during bull markets:
Ethereum in late 2015 avg cost $0.68
Antshares in June 2017 before it was Neo avg cost $9.34
Dark in early 2014 before it was Dash avg cost $1.87
Ripple in 2013 and 2014 avg cost $0.0047
I have also used my metrics to identify major tops in bitcoin, so most recently went to 100% cash January 30, 2018. I then bought binance shortly after as it was the only coin that looked as if it would outperform bitcoin in a bear market. I sold binance on Oct 12, 2018 as it looked as if bitcoin would have to fall significantly further in price when it was still in the mid-6000s.
I am known as a market wizard in stocks having been interviewed countless of times and in market wizard series books/articles.
Cryptocurrencies are no different. I apply my technofundamental analysis (tech and fundamental) using various weighings.
I present some of my most useful metrics in this talk.
I also discuss the way forward with ICOs: ABTs (asset backed tokens). We co-founded the world's first regulated platform to tokenise hard assets. Those who hold our hybrid stablecoin tokens did not lose money in the crypto selloff. We are scaling up across the EU as many companies wish to onboard their projects onto our platform. Our private sale will be closing. Early birds get more tokens now at a lower cost than those who wait. Go here for more info: https://t.me/HanseCoin
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