Sunday, September 30, 2018

Investors: invest in promising tokens

Investing in cryptocurrencies


According to the billionaire, this is the right option for profit in the long term. Dong believes that it is necessary to carefully choose a promising project, buy its cryptocurrency and hold the coins for a decent period.

"Real value investors prefer a bearish market in order to choose good undervalued projects and benefit from them. Of course, that doesn't mean you just have to buy good coins cheaply. You need to "walk" them for a long time, " the entrepreneur said.

He stressed that it is necessary to store cryptocurrency for at least three years.

"The next 15 months are a Golden time for value investing in cryptocurrencies. The value investor should hunt for undervalued high-quality projects, buy their tokens and hold on for three years until the bulls return to the market," the Chinese entrepreneur is sure.

Previously known cryptoanalysis Mike Novogratz estimated the future of Bitcoin is quite optimistic. He said that by December the price of the first crypto-coin will grow by 30%.
His opinion is confirmed by the Bloomberg Galaxy Crypto (BGCI) cryptocurrency index, according to which bitcoin again reached the "acceleration point". It is from this point in November 2017 that the rapid growth of the BTC price began.

10 main events in the cryptocurrency world in October

The main events in the world of cryptocurrencies for the next month.

Hard fork cryptocurrency Bytecoin, October 1


The main purpose of the fork is to update the blockchain. Version 3.3.0 of Bytecoin will contain more than 60 improvements in various aspects of the chain. One of the main changes is the possibility of zero transaction fee.

Lightning Network beta release, October 1


The developers will present a beta version of the Lightning Network based on Stellar. Lightning Network is a network outside of the blockchain, which gives the cryptocurrency support instant transactions.

Airdrop tokens Aion (Aion), October 10


Aion — tiered blockchain network of third generation, able to combine multiple blockchains for their helpful cooperation. The Aion token is essentially the "fuel" for creating new blockchains, monetizing inter-chain bridges, and protecting the network as a whole. On October 10, the next distribution will be held.

Litecoin listing on Gemini, October 13


On the seventh birthday of litecoin, October 13, it will be added to the stock exchange of the Winklevoss brothers. It is expected that the growth of the cryptocurrency rate will be recorded.

Cardano listing on the stock exchange UBS, 13 Oct


Cardano is the ninth currency by capitalization, so its placement on the new exchange will necessarily affect the exchange rate.

Settlement day for bitcoin futures on CBOE, October 17


On the previous settlement day at CBOE, 19 September, the bitcoin exchange rate showed a slight increase.

World Blockchain Summit in Dubai, October 24-25


Dubai will host one of a series of summits dedicated to blockchain. It will bring together cryptocurrency gurus, blockchain experts, young startups, investors, entrepreneurs, as well as representatives of governments of different countries. In total, the world Blockchain Summit will host about 15 cities.

Settlement day for bitcoin futures on CME, October 26


On the previous settlement day at CME, September 28, the bitcoin exchange rate showed a slight increase.

World Crypto Conference, October 31-November 2


The three-day conference in Las Vegas will bring together the most influential people in the world of cryptocurrencies-Charlie Lee, Ronnie Moas, Brock pierce, Charlie Shram, Tim Draper, Bobby Lee and others. In total, more than 75 speakers will perform, and the number of guests is expected to exceed 5 thousand people. The main topics of the conference are blockchain and cryptocurrencies.

Launch of xrapid by Ripple, October


Finally, another event not to be missed (although the exact date is still unknown) is the launch of Ripple's xRapid. xRapid is a commercial version of Ripple's payment platform. Using the XRP token, it will significantly speed up international calculations.