BTC is currently in a small selloff intraday due to the correlation to the Dow which will subside as market makers in the dow are trying to figure out how to handle the long call option gamma on individual stock issues.
This will likely subside as intraday DOW was down 400 pts and is now down only 280. Expect the bullish hammer candle on the previous 4H candle to proceed with bullish influence in the current and next few 4H candles.
This is a time to pick up your favorite alts at a major discount - here are two (twins of each other so really one in the same) I think you should pick up at a discount - KSM and DOT:
My thematic thinking on why you should SERIOUSLY consider selling (at least some) of your Layer 2 scaling solutions cryptos like MATIC and buy DOT / KSM - I know I'm going to get a lot hate here but I will take a position b/c I have conviction here built over time.
Projects like DOT and KSM (and even ADA and LINK) I favor a lot more than MATIC. MATIC fails one of the fundamental major tests of crypto. There are 3
1) Scalability
2) Decentralization
3) Security
-MATIC chose 1 an 3 to start just like $EOS. Most cryptos choose 2 and 3 when they launch like $ETH, $DOT, $KSM, $ADA, etc
-Once you start it's nearly impossible to become decentralized as EOS has shown even though they raised $5 billion.
-In the end my thematic view could be wrong though b/c maybe the market won't care that it isn't decentralized like BNB but I think in the longer run this will matter a lot when tokens are priced on all 3 pillars.
-Project like $DOT $KSM $LINK and ADA will be around forever... MATIC will be obsolete when $ADA and $DOT and $KSM are scaled for speed. $DOT / $KSM can do 100k TPS with parachains which are literally launching now - it's honestly really revolutionary technology!
-ADA won't be quite as fast as DOT/KSM but it has a big network of adoption and will continue to grow ... we will live in a world likely where DOT/KSM and ADA will be much bigger than BNB and even ETH in <1 year b/c ETH will be limited by its speed issues which can only be scaled...
-With layer 2 solutions - hence why both Charles and Gavin Wood left Ethereum to make their own blockchains. It's honestly amazing how $DOT/KSM are not receiving nearly the same attention as ETH or even ADA at this point in time as Parachains will have 100K TPS scaled to 1M TPS!!!!!
Click the Link below to see where I project KSM to be priced at by end of cycle (supported by data) $6,400!
This will likely subside as intraday DOW was down 400 pts and is now down only 280. Expect the bullish hammer candle on the previous 4H candle to proceed with bullish influence in the current and next few 4H candles.
This is a time to pick up your favorite alts at a major discount - here are two (twins of each other so really one in the same) I think you should pick up at a discount - KSM and DOT:
My thematic thinking on why you should SERIOUSLY consider selling (at least some) of your Layer 2 scaling solutions cryptos like MATIC and buy DOT / KSM - I know I'm going to get a lot hate here but I will take a position b/c I have conviction here built over time.
Projects like DOT and KSM (and even ADA and LINK) I favor a lot more than MATIC. MATIC fails one of the fundamental major tests of crypto. There are 3
1) Scalability
2) Decentralization
3) Security
-MATIC chose 1 an 3 to start just like $EOS. Most cryptos choose 2 and 3 when they launch like $ETH, $DOT, $KSM, $ADA, etc
-Once you start it's nearly impossible to become decentralized as EOS has shown even though they raised $5 billion.
-In the end my thematic view could be wrong though b/c maybe the market won't care that it isn't decentralized like BNB but I think in the longer run this will matter a lot when tokens are priced on all 3 pillars.
-Project like $DOT $KSM $LINK and ADA will be around forever... MATIC will be obsolete when $ADA and $DOT and $KSM are scaled for speed. $DOT / $KSM can do 100k TPS with parachains which are literally launching now - it's honestly really revolutionary technology!
-ADA won't be quite as fast as DOT/KSM but it has a big network of adoption and will continue to grow ... we will live in a world likely where DOT/KSM and ADA will be much bigger than BNB and even ETH in <1 year b/c ETH will be limited by its speed issues which can only be scaled...
-With layer 2 solutions - hence why both Charles and Gavin Wood left Ethereum to make their own blockchains. It's honestly amazing how $DOT/KSM are not receiving nearly the same attention as ETH or even ADA at this point in time as Parachains will have 100K TPS scaled to 1M TPS!!!!!
Click the Link below to see where I project KSM to be priced at by end of cycle (supported by data) $6,400!
