Wolf

Cryptocurrency might rise to the next level

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin has several Support points between 5000 and 6500. It has gained more adoption than its previous bubble ( 2013) and we can fundamentally say blockchain has future, it is just a matter of time to say when cryptocurrencies will recover from this crash caused by euphoria (similar to Dot Com Bubble).

The interesting point to discuss is to predict if bitcoin will remain the king or not. As of now, all alt-coins follow what BTC does. Right now, Bitcoin has a 42% of dominance on the crypto, but it has been decreasing since 2017 with new and better cryptocurrencies. Depending on your risk appetite, it can be a good opportunity right now to invest in projects that you believe will succeed from others (The new Amazon, Google, etc.) or if you want to play safe, invest in the whole crypto-market by putting money on the always Top 10 coins.

From my experience on my cryptocurrency journey: HOLDING is the best option on good projects. Invest on the useful technology, not on the quick buck. You have to see the big picture: imagine yourself in 10 or whatever years it takes for Blockchain to be an everyday used technology, widely known by everybody. Similar to what happened to Internet.

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