Soo..
I decided to give Steemit a try, I m a bitcoin/crypto enthousiast and I Always keep a keen eye on the market and what is happening on the technology side.
Throughout the next days I m planning on posting a daily update on the cryptomarkets and some ideas on where to invest or not to for intraday trading on the big pairs and futures (mainly bitmex).
By doing this I hope to help you guys make informed decisions about what you want to trade, when you want to trade it and hopefully we can all be very profitable!
Follow me for updates and lets go full STEEM ahead!!
Great, I'm on-board to follow you. I just started as well, and am looking forward to seeing your content.
Great, thank you for your interest. I was mainly bothering my friends with all the latest crypto news and analysis. So I thought lets share my oppinions with some other crypto lovers.
That's great! I just joined steemit today, hope I can get some trading info from you in the future.
Welcome to Steemit! Are you planning on covering certain cryptocurrencies on bittrex or a general market overview?
I ll be focussing mainly on general market overview, to determine market sentiment and try and identify good buying areas after reversal. Also a possibility of short selling on bitmex (except the BTC market which seems too bullish at the moment haha). In the future I might go into smaller coins from bittrex, I will most likely try and cover some, if I get some good information.
Glad you are on Steemit. I look forward to reading your posts. Do you have any opinion on Dogecoin?
I was just watching DOGE to be honest. I always put my money in DOGE when I want a 'safe coin' DOGE doesnt really go up or down atleast not in the short term, USD value, except maybe some small gains. What is interesting though is that DOGE has been around for a very long time and apart from the market cap it seems an interesting coin. I would personally put it as a transactional coin because transaction costs are very low. Having said that LTC is doing the same thing with much more volume, therefore I dont really think DOGE will make huge gains, I think there is a nice small market for DOGE users and that it does fine there, but it lacks the mainstream push which is behind several other coins, like btc and even ltc to some extent and currently there is no mainstream adoption on trading platforms with regard to DOGE, so even as a transactional coin it is not that big. So there is no mainstream adoption and better options out there, I wouldnt say DOGE will lose value but I also dont think it will gain a lot.
beyond transaction cost DOGE has no other benefit that I can see. The coin is actually worth less now as BTC has risen. Even LTC is appreciating better than DOGE.
Yea, LTC>DOGE for sure
Very good points. Thank you!
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