FINTECH | CRYPTOCURRENCY
Despite low prices or indeed because of crypto losses over the past seven months, you should spend $100 on each of these altcoins, ADA, FTM, and MANA
Many investors have taken an insane approach to the current cryptocurrency market. They’ve been buying as the prices went up to record highs. Now that they are low, they’ve stopped buying.
They bought various coins and tokens (altcoins) as they went up because those coins were hyped by YouTubers and various crypto “pundits,” and there was a euphoric aura surrounding the market.
One person replied to my article with, “One big hack and crypto is gone forever. I lost thousands.” Puh-lease, where were you in previous crypto bear markets? Likely sitting on the sidelines asking, what’s crypto?
Then when everyone was hyping crypto they were buying. At the first sign of trouble, they were selling. Oops!
“Pundit: a learned person, or teacher. A person who gives opinions in an authoritative manner usually through the mass media, or critic.” — Merriam-Webster Dictionary.
The only problem with that is that “a person who gives opinions” about the future price of cryptocurrency is no more an expert than any of us. They are guessing.
One crypto enthusiast, John Brown, said, “People saying price will go up have already bought. People saying price will go down have already sold.”
IMO this is genius because people want to justify their position and maybe help it along.
Sure, they might have done the research, analyzed all the available charts, and their analysis might point toward an upward or downward movement, but there is no guarantee of accuracy.
Likewise, there is no guarantee with these three coins I will discuss with you now. However, in this article, I will show you where the coins have been (their all-time high (ATH) and all-time low (ATL), their purpose, and what makes them a potential bargain.
IMHO, an altcoin won’t make…
