VERGE - ANOTHER 40% DROP IS LIKELY - CryptoManiac101
Updated
VERGE / BTC TA
We are looking somewhat bearish. Yes I realize that 40% might seem a lot but for Verge it's not much if you look at bigger picture. Many have called it a sh*t coin and maybe it is but maybe it's not. As a trader what I see is a coin that has some popularity compared to other alts and that is very volatile, prone to sudden pumps or drop and is a high risk holders coin.
With that said I would not not have at least 1% - 5% of my portfolio in this. It's a gamble but Verge does have several active partnerships and it is a privacy coins, even though I know many disagree that it is, but I think that with some work it can achieve complete anonymity and demand for privacy coins will be huge in few year, or as soon as governments move heavily into crypto. It will be the cash of the underground world alongside ZEC, TRON, XMR, BCN, and others. Who will win this battle? Place your bets investors.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
We are looking somewhat bearish. Yes I realize that 40% might seem a lot but for Verge it's not much if you look at bigger picture. Many have called it a sh*t coin and maybe it is but maybe it's not. As a trader what I see is a coin that has some popularity compared to other alts and that is very volatile, prone to sudden pumps or drop and is a high risk holders coin.
With that said I would not not have at least 1% - 5% of my portfolio in this. It's a gamble but Verge does have several active partnerships and it is a privacy coins, even though I know many disagree that it is, but I think that with some work it can achieve complete anonymity and demand for privacy coins will be huge in few year, or as soon as governments move heavily into crypto. It will be the cash of the underground world alongside ZEC, TRON, XMR, BCN, and others. Who will win this battle? Place your bets investors.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Trade active
Trade active
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.