Post
Topic
Board Trading Discussion
Re: Most interesting cryptocurrencies of the week
by
godsavethebitcoin
on 28/02/2018, 10:04:39 UTC
Your advice seems to be centered around a holding approach but then you change your opinions on a weekly basis, it doesn't seem like the best way to do things. If you're going to change each week should you not better look for shorter term trades.

An example of this is ADA which last week you suggested and spoke of investors expectations for the end of the year but now you won't suggest it for this week, what changed?

I'm quoting myself:
Please remember that the altcoins that I consider are for short term investments (days or weeks).

I still believe that ADA represents a good investment for the long term and I still have ADA from the previous week, but, in my opinion, there are altcoins that are better for this week. Take my sentence "Some investors expect to see Cardano over $10 by the end of the year" as "it's a plus to trade a cryptocurrency that also has a huge potential in the long period".
I study the order book and the market history for my analyses, so I can understand when the demand is increasing for a cryptocurrency. This only concerns the short term.