In the coming weeks, cryptocurrencies will attempt a recovery from the latest correction. Market confidence remains strong despite mainstream media's efforts to defame Bitcoin. The all time highs of August attracted the attention of the world as more and more people flock to this limited, border-less currency. Corrections such as the ones witnessed on the…
The month of September started with some new all-time highs and strong market confidence. The total market cap surpassed $175 billion dollars as Bitcoin approached $5k USD / BTC. Litecoin also climbed to almost $100 and Monero traded above $150 from $50 a few weeks prior. The all-time high rally was cut short after an…
As the hype for Bitcoin Cash slowly fades away, crypto currency exchanges continue to reap the benefits of increased trading volumes. Small trading fees of 0.25% are hardly noticeable when utilizing these service, but generate amazing revenue during times of increased activity. As we are seeing with ICOs and gambling sites, US residents are contending…
The month of July experienced a dramatic fall in Alt-coin prices. The rush for quick trading profits was momentarily disrupted with some issues surrounding the Ethereum blockchain and the saturation of new coins on the market (ICOs). When trading, it is important to be holding cryptocurrencies with value, as opposed to useless pump and dump…
In my last article, I introduced the idea that currencies offering a viable product would start attracting the attention of the market, while coins with little or no development could see a decrease in volume. I anticipate some profitable trading swings as the "dead coins" go on a long-term downward trend, but one could easily…
The month of June witnessed some incredible hikes in Alt-coin prices and record heights in the total market cap. The question this month is; will this trend continue despite Ethereum's flash crash? If so, will good currencies begin to surface or will we keep experiencing volatility in obscure cryptos? The market continues on a buying frenzy…
While Bitcoin and Ethereum prices continue on a short-term downward trend, the Alt-coins are being put through the test of adoption. A good number of these currencies have already gone through some hype and are currently experiencing a decline in volume. I anticipate the bull run on alt-coins to continue for some time and holding should be…
At the beginning of June, The alt-coin market started to overflow with activity. One by one, random coins doubled in price and kept pushing new all time highs.
A good example is ReddCoin and BitBeans, two dormant coins that climbed over 40x in price in a one month period. When holding bags, It can be difficult not…
Crypto Currencies have been gaining unstoppable momentum in the last few months. The total market cap has surpassed some big players in the financial sector, including Western Union and eBay combined. While BTC aims for new heights, the Alt-coins continue to compete for support in the crypto community. Many of these currencies have been trading…
As summer approaches, crypto currencies flourish with the majority of the interest in Bitcoin, Ethereum and Litecoin. High volume markets can be difficult to analyze for an alt-coin day trader, my outlook on these currencies tends to be as bullish as possible. Over the last month, there has been excellent opportunities to buy all 3…