Alt-coin Speculation JUNE/JULY

in #cryptocurrency7 years ago (edited)

DigiByte-Logo.png

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 relatively safe in the coming months. However, funds being tied up can equate to missed opportunities.

There is no shortage of Alt-coins with community support, some compliment each other while others compete for a niche market.

Gaming coins have gained popularity recently with the advent of MobileGo and the marketing push of DigiByte. Gamers make up a majority of the online presence and gaming with crypto should be taken seriously by investors.

Digibyte:
Certain indicators suggest that Digibyte could fall to 850 and possibly as low as 580 in the coming days. It might be a good time to invest for those who think Digibyte can deliver as promised. I would consider it a good trading opportunity at 600 sats and should be able to make a 2x return in the near future.

LBRY Credits
is currently on the trading spotlight with an influx of volume and competitive market prices. This internet currency has a user-base comparable to Steem, but for creative content as opposed to blogging and news; Albeit, a bit more underground. To buy LBRY Credits, I would set some orders starting at 0.000155 and pad them down to 0.00013. An optimistic view of LBRY would put a floor at just under 0.00018.

Litecoin
is a good stable investment. Sources suggest that LTC could take a good climb upward soon.

Ethereum and Litecoin: Don’t miss the next boat, Ethereum could hit a floor at around 0.12 in the coming days. Buy and go long.

Digibyte:
Certain indicators suggest that Digibyte could fall to 850 and possibly as low as 580 in the coming days. It might be a good time to invest for those who think Digibyte can deliver as promised. I would consider it a good trading opportunity at 600 sats and should be able to make a 2x return in the near future.

GameCredits: Over the next few days, I anticipate GAME to drop a bit further than 0.00112 and would consider 0.00093 as a possible floor. This is a good opportunity to buy in or to get more. I would set orders a bit above these prices to be able to catch the sell-off periods.

happy mining happy trading and have a blissfull bright weekend.

Source
https://www.crypto-news.net/alt-coin-speculation-mid-june/

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great article, I like digi for the long run so i will too scoop some up at 600 sats. half off sale. i grabbed alot of digi when it was at 400 sats got good return from it now i want to jump back in.

Gaming Coins are an interesting space as the gaming industry is currently booming with the growing following of e-Sports. DGB seems to be a decent long-term investment, but the big speculation surrounding their Citi presentation created the boom in popularity, just to fall right back down after they lost the competition. It ill be interesting to see if DGB can gain a following again, but that could take another few months before they get going with Minecraft and League of Legends, etc.

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Will be watching Digibyte!

all cryptocurrency in general .