Cryptocurrency making money is simple

in #cryptocurrency7 years ago (edited)

Cryptocurrency making money is simple as buy lower, patient and security holds.

Institutional investors are entering the cryptocurrency market. Most of them are long-term investors and will inject billions of dollars into the market. The recent news of this kind is worth our long-term expectation for the cryptocurrency bull market. Prior to this, what we have to do is hold some Bitcoins and value mainstream cryptocurrencies.

Market Analysis

Bitcoin: In the short term, it is still in the stage of consolidation, achieve a firm 8900-9000. Short-term recommendations to wait and see, or buy a small amount near the support point, the current market is still facing the risk of Bitcoin down. Wait for the market to re-stabilize and then enter the market.

EOS: The short-term trend is weak and pay attention to stop-loss. EOS outflow of net funds for many days. short-term support of 12; the pressure level of 16. If EOS break through 16.5 will have a new market. You can place a small amount of orders near 12, the position should not be too heavy.

ADA: support point is 0.25, and the pressure level is 0.30. Currently, the ADA is in a contraction sideways stage and can support a few positions near 0.25. Stop loss below 0.24.

ONT: short-term support point 7, pressure 9, can place a small amount of orders near support point, fell below 6.6 attention to stop loss.

Start your crypto journey today!

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Disclaimer: By reading the post you acknowledge and accept that article is for study only. It is not investment advice. You should be cautioned when entering the market. The market is at risk. You have all responsibility for yourself. I am not responsible for any of your losses.  

 

Best wishes to Steemit Friends!

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
ADACardano0.203$-0.11%-17.3%
BTCBitcoin7555.010$0.6%-8.98%
EOSEOS12.620$2.04%-3.44%
ONTOntology6.614$-0.78%-6.71%