IOTA has definitely broken its ranging streak, unfortunately to the downside.
We have smashed through levels in the $3 handle, to find support in the lower $2 handle
Short-term indicators, which are still very extreme, support such a possible bullish action. A breakout above this level would allow the price wings to fly up to new heights.
Not only Iota, most coins have. Let us hope there will be some big bounce back
I feel like IOTA has solid fundamentals but sometimes is so low-profile it stays out of the hype news cycle. I'm bullish long-term but it may take a while before it takes off due as other alts have more pumps/quick news.
Agree
Yup, it is a crypto where you're banking on the technology taking over the Internet of Things market to give you big profits. Speculation alone isn't going to get you a lambo from IOTA im afraid (lol)
Thanks for the update
My pleasure
Yes boss.
It will be $10 very soon!
Hopefully
Rewards Pool Farmer Alert
He is leasing 30k SP from @minnowbooster then using that to VOTE Up his own 7 Day old comments on random posts at the last minute. Scroll his comments to around the 6 day mark or just go to https://steemd.com/@ryacha21; he has a lot of self love on his own old comments.
HE IS DOING IT OVER AND OVER AND OVER.. He is farming the pool.. If you could help it would be appreciated..
Learn more about this sack of monkey spunk here:
https://steemit.com/shitpost/@pawsdog/the-shit-post-diaries-1-17-18-4
Also kinda a dick move to use the actual good post of another person to post a comment for no other reason to come back and farm it later.
Post Author, @tradewonk I do apologize.. This dude makes no actual articles of his own so the only way to draw attention to what he is doing is to comment his comments. My sincerest apologies for cluttering up your blog, outing the abusive self voting behavior of @ryacha21
Great analysis, resteemed!
Thank you!
IOTA is a long-term investment. A recent interview with the big man in charge rekindled my trust in the currency and its applicability in the market.
Remember, Bitcoin was only worth $1,000 at the beginning of last year. Same as Ethereum, it was well-under $100. Just because IOTA isn't riding the hype wave doesn't mean it's not going to the moon and beyond.
Patience is key -- in ALL crypto. You have to learn the art of the #hodl . And apply it like your life savings depend on it!
Note: Hopefully, no one has their life savings in crypto though. As you saw with Bitconnect, such an idea might not pan out too well. People were taking out 2nd mortgages on their houses for crypto. . .wow.
You can't have a gambler's mentality when dealing with cryptocurrency. You have to be smart about it. You buy low, and you hodl. And IIIIIFFFFF you sell at all, you only sell high ... not while it's embarrassingly low.
The market ALWAYS bounces back as long as the coin exists and as long as the company is doing work.
Disclaimer: I am NOT a financial adviser. Too, this is not advice. I'm only speaking about what I do, myself.
Informative post.Thanks for sharing it
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Ya every coin is down so what else is there to say. It isn't just 1 coin obviously.
How lovely photo
Bouncing off of some nice Fib Levels to rally to new highs!
I love what IOTA has done from the beginning...
-FAIR - All team members must buy in (no freebies to founders)
-TALENT - They are adding amazing people to the team each and every day
-HUMBLE - They have a long term game plan particularly recognizing the flaws and the need for a coordinator role at least for the short-medium term for security reasons
-ECO FRIENDLY - via Tangle not sucking up all the electricity in the world
-MARKET CAP OPPORTUNITY - In terms of growth potential... I firmly believe market cap has HUGE opportunity long term when compared to other coins
Count me in on team IOTA! HODL on this one...
Photo Credit: www.redbubble.com