Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 01steemCreated with Sketch.

in #news6 years ago

Trading cryptocurrencies can be extremely risky,
but equally rewarding, especially for someone
who is positioned on the right side of the markets.

While a buy and hold strategy is profitable when the trend is outright bullish,
it is a better strategy to get in and out of positions when the price is inside a range.

We believe that Bitcoin has formed a bottom around the $6,000 mark for this year,
but we don’t anticipate a vertical rally from the current levels,
unless the world sees a full-fledged trade war between the top two economies.

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