Welcome to my daily post coming to you from the soon to be WWW.LIVELOVECRYPTO.COM
Lets kick this off by letting you know about my outlook. I am practical, straight to the point, oh and I'm below average in caring about your feelings.
Crypto Community, please listen to the screams of the industry. Three of the largest exchanges are not allowing customer sign-ups. Bitfinex, Bittrex, Binance.
Positives:
The buying pressure facing the global economy right now is incredible. At the current rate of about 100,000 people joining or trying to, that's 3 million minimal people a month coming into the market. Even at a dollar, (clearly its more), the craze is not stopping.
Negatives:
No new money. Yes, this is fantastic that so many individuals will come into the market, but if they can not buy for 2 months, how will the volume increase? Oh, thanks KUCOIN. ( My favorite new exchange).
Outlook 2018:
2018 as by many others, will be called the year of cryptocurrency, notice we didn't say just bitcoin. With the recently filed ETF approval to the SEC, Bitcoin will have no problem reaching new heights throughout the year. A lingering question that many want to know, what to invest in. Fortunately, for 2018, I think investing in DOGE will still be a good idea as millions of people across the world with no knowledge will come into the market looking to make quick dollars. As we all know, we hodl in this market, but make sure the coin actually has a purpose. So get ready, buy your cryptos who have the best products, working products, or the best teams and sit back and relax.
Have any questions on specific cryptos? Leave a comment below and I will respond with another blog or a detailed response.
As always,
LIVE.
LOVE.
CRYPTO.