When our investment in an altcoin is tied to bitcoin, even a successful project's direction may be sideways or down if bitcoin fails. Alternatively, looking at the USD charts of these coins may give us predictive insight into the future of Bitcoin as well, as they represent market sentiment.
Regardless, having put in a new low I'm liking the looks of this chart, and think the Bancor liquidity project is a good initial step to making these investments usable.
Healthy trading and profitable investments,
The Freedom to Be
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If you profit from this idea and would like to keep the charts coming, wallets are below:
BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB
Coins mentioned in post:
I'd say this played out about perfectly, no?