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RE: Crypto Dip | NEO / VEN / ICON Spikes | Bitcoin Analysis
People seem to forget that Asia (even without China) are the biggest investors in cryptocurrency. We are never going to know exactly what drives their buy and sell decisions, but they most likely have a home bias to projects created in the continent. I'm bullish on Asia because they've been pushing the crypto-market forward even when the West doesn't pay attention.
In regards to NEO, both their founders are fluent in English and are pushing the platform all across the world, with events in the US as well as Europe and the broader Asia area. I invested after their Reddit AMA as they seemed incredibly competent and passionate about blockchain and its potential to change the world.
I'm considering just investing in a few names only to have exposure, but not worrying about them at all - just letting them sit there forever. Sort of passive indexing almost for that side of the world since my expertise isn't the best for that region.
If you do that, please let us know what names you choose. I know you probably don't want to endorse any specific cryptos, but sharing your research and conclusions would be extremely valuable to many of us. Then we can add that information to our own research before making any decisions. Thanks again for sharing your knowledge!
Agree with your analysis that Asia is bullish and optimistic toward real progress. Trade and cooperation will produce much better results than debt and death and war. Peer to peer deepens the ties among people of all nations.
Asia are always faster to adopt that the west, look at China and renewable energy...
Like that ridiculous Mona Coin LOL!