revorevo

IOTA plagued by Problems

Short
BINANCE:IOTAUSDT   IOTA / TetherUS
Chart look bearish as hell, with Bitcoin retracing Altcoins will retrace alot harder because most of them are up 100percent this year already.

No with these problems out of the way, the recent Drama with 1 founding memember (come from beyond) leaving the project and wanting to sue David whos another founder over 7 million of IOTAs that they kept because the were sold at ico but never claimed.
No they have their Trinity Wallet issue where some exploit allowed funds to be stolen if a computer was infected with malware.

With their network not fully operational and only non value transactions allowed, i expect a dumping of funds if they can be accessed after the network is working again.


I would suggest dollar cost averaging in at RSI oversold conditions around 25 to 20 or even lower.

As always this is not financial advice, please trade carefully and dont use leverage.

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