Christmas Advance: What cryptocurrencies to buy in these descent?
At the time of writing this post Bitcoin loses the key support of US $ 4,000, Ethereum approaches US $ 100, and the total of cryptoactives is only US $ 126,000 million.
The big question is can you be worse than this ... The answer unfortunately is yes. There are many analysts who predict that the price of Bitcoin can fall to $ 3,000, more precisely to US $ 2,950, where large operators can take advantage of opportunity purchases.
On the other hand we have Wall Street bulls like Tom Lee, who predicts that before the end of this year Bitcoin can reach US $ 15,000. With today's photo it seems an impossible mission.
The pessimistic / optimistic scenarios presented above are those that circulate in the main crypto media, including CryptoTendencia, which I have the honor of being the CEO. Now, I'll summarize in 3 points that I think about it ...
I am convinced that there is a speculative attack in the crypto market, with the main objective that the big players can buy cheap when everyone sells.
The recent Bitcoin Cash Fork clearly affected the entire ecosystem, putting the main cryptocurrencies in check.
The purge began. The market has already started the process to filter the projects that will survive in the future, which is good.
I believe that we are facing an unbeatable opportunity to "bet" on projects that have a future for 2019. Next, I will list my 5 preferred cryptocurrencies in the medium and long term.
It is worth clarifying that they are not recommendations for you to go and buy the "crazy", but rather for you to take them into account at the time of your analysis.
1- Bitcoin (BTC)
Today more than ever being HOLD in Bitcoin can be one of the best investments in the future. In the most pessimistic scenario I see the BTC in 2019 in the US $ 12,500, and in the most optimistic in US $ 25,000.
In short, buying BTC below US $ 4,000 can be a "Santa Claus gift". This does not indicate that the Bitcoin can car under US $ 3,000, but its recovered would be meteoric.
2- Binance Coin (BNB)
The BNB Token is another interesting to make HOLD, since behind it is the largest Exchange in the world: Binance. In addition, it has a chip burning plan that ensures that it will preserve future value.
Recently in CryptoTendencia we publish a report of all the uses that can be given to the BNB Token. Although it seems to be a lie, it has more opportunity to use them for current expenses than Bitcoin.
3- Stellar (XLM)
Stellar is another project to take seriously and do HOLD, since its Token XLM little by little gets into new sectors. One of the most interesting news this month was when the Blockchain wallet announced it will raffle $ 125 million in Stellar.
While $ 25 will be given to each user of the Blockchain wallet, it is a great measure to generate adoption in Stellar, which has an interesting payment platform.
4- Cardano (ADA)
The project of Cardano is another of the great promises for 2019, being able to buy at this time the ADA Token for just US $ 0.037. At the beginning of the year, the record reached a historical maximum of US $ 1.26.
One of the advantages that I see in ADA, is that with the smaller rebound of the market, the Token could double its value easily.
5- Dogecoin (DOGE)
Dogecoin I have it in my portfolio, since it is a very good cryptocurrency to speculate in the short term. At the current level, I consider it a bargain thinking about a market rebound.
It is worth clarifying that this token is not to make HOLD, but rather to buy cheap and sell expensive.
Finally I invite you to tell us in the comments section which are the cryptocurrencies in which you would HOLD.
