Ok, you may remember my earlier post about the drop in Bitcoin. We are now showing a bullish pennant and it’s at exactly this time in 2016/17 that the currency began to go up in value. So I’m looking to begin re-investment into Bitcoin very shortly.
Remember anything can happen and with governments and banks getting itchy about cryptocurrency as they are finally seeing it as a threat, anything REALLY COULD happen.
So watch this space but I’ll be expecting the whole crypto world to be going up in value as the market expands. There are some really interesting projects using Etherium as a token platform so I’ll be very excited to see what happens with those. Polaris, the Powerhouse Network token went live last week and I’ve got a couple of thousand of them sitting out there in the Etherium blockchain.
So as with everything only invest what you can afford to lose. But Polaris, Etherium and good old bitcoin look pretty good to me at the moment. For smaller investors though ($100<) I would recommend an altcoin because Bitcoin’s transaction fees may not help you!
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