For 2018, the markets started off in a mostly positive direction, and have now started heading in reverse. A correction is overdue, as discussed in recent editions of The Trend Letter. The Dow plunged over 665 points, posting the steepest weekly decline in over two years. As mainstream markets decline, investors immediately start re-assessing their risk tolerance, and Crypto Currency (CC) investors are re-assessing risk even more, given all the discussion about how volatile this market space can be. It is not the usual mainstream economic drivers causing the CC plunge – it is fear, which is wildly contagious across all investment categories. Markets are largely driven by human fear and greed, two emotions that cause most investors to be unsuccessful over the long term. Cold hard analysis, coupled with “smart” Buy/Sell strategies, removes emotion from your investment decisions and paves the way to success. Strong bull markets need to correct once in a while, to restore balance and set the stage for the next run up.
CC Exchanges can be significantly less nimble than the mainstream stock market exchanges; however, there are several CC Exchanges that accommodate BUY and SELL LIMIT orders. Using those facilities as part of an “Entrance and Exit” strategy is highly recommended.
The news in the CC markets throughout January was mainly focused on the declining prices of almost all the coins. CC price declines preceded the overall stock market decline and are a reaction to more and more national governments indicating that they want to either ban CC’s, or increase their means to control and tax them. With all the fear that is now being generated in the mainstream stock markets, this is a perfect storm wherein CC investors have multiple sources generating fear.
Welcome to the world of cryptos, where you can make a fortune in months, and see things crash even faster. Clearly, investing anything more than a small portion of your portfolio in cryptos is a risky proposition. But if you believe, as we do, that the concepts behind Bitcoin and other cryptos, specifically the blockchain distributed database – are sound, then it makes sense to invest in cryptos, and especially indirectly in the blockchain infrastructure that supports Crypto Currencies, a technology that is expanding into many other sectors.
Today, there are over 36 major industries heavily investing in blockchain technology to revolutionize their industry, by cutting or eliminating costs, and dramatically improving efficiency and transparency. We are talking about a wide spectrum of industries including:
- law enforcement
- messaging apps and ride hailing
- IoT (internet of things)
- cloud storage
- stock trading
- global forecasting
- supply chain management
- gift cards and loyalty programs
- government and public records
- credit history
- wills and inheritances
- and many other industries
We believe that we have years of incredible change ahead of us before this market finally settles on a standard. Yes, we will see many cryptos come and go, but much like Amazon, Apple, Google, and Facebook, there will be a few giant winners.
Let Crypto Trend be your guide to understanding and successfully investing in this new, exciting, and game changing technology.
Crypto Trend Premium
Subscribers to Crypto Trend Premium will soon see new recommendations in their inbox to capitalize on the blockchain technology, as well as the revolutionary 5G mobile network technology. We have held off on these new recommendations as we have adhered to The Trend Letter & Trend Technical Trader warnings of a global equity market pullback and/or correction. We have seen the Dow drop 4% this week, and the S&P 500 lose 3.8%, the worst declines in 2-years, so that caution was well warranted.
These recommendations will use BUY Stops, similar to those used in both The Trend Letter & Trend Technical Trader, so when you receive these recommendations, do not purchase these stocks until the stocks reach those BUY Stops.
If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here.