So, I have already invested a small amount in BTC. Right now, since BTCās value is so volatile (especially with all these sudden news about countries trying to restrict the exchange), Iām thinking of putting some more money in altcoins instead.
Iāve done my research and the other most talked about altcoins would be ETH and XRP. (I was so sure with ETH but with its drop yesterday and XRPās surge today, Iām kinda having second thoughts.) I would love to invest in both but right now, Iām trying to go slow and just invest in one cryptocurrency at time. Which one would you recommend?
Or, are there any other altcoins that I should consider? I mean, some friends here have recommended EOS, and Tons. So, what do you think?
I prefer eth to xrp. Ripple is a centralized coin, so your owners can decide when they wish it to increase the monetary mass. A second feature i find is that Ripple is a crypto linked to Banks Transfers. A crypto that i began to follow is Stellar Lumens. This is a descentralized crypto with fast transfer confirmation like Ripple. Stellar Lumens is considered the people Ripple while Ripple is considered the Banks crypto.
If you decide to buy eth, donĀ“t do it now. I study this crypto and i do have downtrend signal from H4 and Daily chart.
Thanks for the response @jag1969! Haha. Well, I ended up buying ETH and Iām just currently monitoring the action. It just makes me anxious that the current price is still so low. Haha. So Iām probably just gonna hodl. :P[quote=ājag1969, post:3, topic:133096ā]
I study this crypto and i do have downtrend signal from H4 and Daily chart.
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Oh! Thatās interesting. Maybe you could share your trading steps with the community (especially me. ) So we have an additional source of guidance. Hahaha.
i do it but in bitcointalk forum writting in spanish language. To translate for me itĀ“s an effort, you know. if you understand spanish iĀ“ll write you the link.
I study the ethusd future, no spot. The charts are provided by a forex broker Tradeview.
At babypips forum iĀ“ll try to post about nzdusd and nikkei225 so i can improve my poor english.
English isnāt my first language too so I have questionable sentences every now and then. HAHAH. But yeah., I agree with @purtle that your english is pretty good. Who knows, right? Maybe you could use our interactions to improve your English too!
rĆa_rose, from daily charts thereĀ“s uptrend signal for the ethusd according to my trading plan. Next step itĀ“ll be a wave C of a correction or a wave 3 of an impulse. If a retracement appears previous to the uptrend, donĀ“t worry, just be patient (ending pattern). I wish good profits for you. ItĀ“s important what itĀ“s happening at financial markets, iĀ“m waiting a strong downtrend at the stocks exchanges (i study the Nikkei225) if this really happens and the cryptos revaluate, cryptos will become refuge currencies like a few years ago during Cyprus financial crisis. I do have some curiosity about this topic. Honestly i canĀ“t believe that cryptocurrencies become at refuge currencies again. But timeĀ“ll talk.
Hi, Bad news for eth. From my trading plan there was a fake uptrend signal, so i hope the pair crosses below 06/04 candle at daily chart. i couldnĀ“t believe that criptos become at refuge currencies while financial markets were bearish.
Sorry for the late reply! Iāve been on a bit of a hiatus (?) Hahaha. Itās been a while since Iāve checked on my cryptos too. Do you have any new signals?
I think Ethereum is the best choice. I have heard a lot of positive things about Ethereum. Donāt worry about the price drop. These things happen in cryptocurrency. It is upto you now. I hope you make the right decision.
Iāve bought some xrp at beginning of the year. Waiting the uptrend but ripple is sleeping. I am storing at Uphold (and american wallet). Any review about this company?
It just makes me anxious that the current price is still so low. Haha. So Iām probably just gonna hodl. :P[quote=ājag1969, post:3, topic:133096ā]
Maybe you could share your trading steps with the community (especially me. 
) So we have an additional source of guidance. 
Hahaha.
Do you have any new signals?