Cryptocurrencies have taken a hit today and I thought it would be a good time to provide an update on some of them. Note that this video is less formal than my normal videos and I would love your feedback in the comments below as to whether or not you're okay with these videos (in addition to the higher quality, more focused ones). Here's a rundown of topics in the video:
- Recap of why markets are down due to South Korea
- NEO and Gas up due to ICO excitement. Gas might have more potential due to being divisible.
- ICON excitement. Is this project promising a bit more than they can deliver? It seems that way, but won't comment more since I have NOT done much research at all.
- Vechain partnership causing a price move to upside
- Overall Eastern Hemisphere coins seem to be doing well (good call on China coins Carter), which I generally tend to avoid due to discomfort with regulatory picture there along with ability to do research being hindered due to language barrier
- Update on Bitcoin (still bullish)
- Update on Ethereum (still bullish, but cautious about idea of investing more)
- Update on Ripple (could be a good trading opportunity, don't love it for investing)
- Update on my video for "top x crypto holdings for long-term"
- Why I don't like most technical analysis
What are your thoughts on the market? Let me know in the comments below, thank you.
P.S: These types of videos are only way you'll hear me make comments on coins you bring up a lot in comments. Sometimes I don't have enough info for a dedicated video on them, but can at least mention in passing here.