Quick Trading Alert: ANTSHARES!!
Antshares(ANS) is a great trading opportunity right now. While the crypto market was suffering the last few days, there was a lot of panic in pretty much every market. ANS was certainly no exception, because a lot of people had A LOT of money in it, not to mention high hopes and expectations that seemed to fail them during the crash. These hopes and expectations came in part from the huge hype that ANS experienced on June 18-19. People were buying in with large amounts of money, rich people with hundreds of thousands and even millions of dollars.
As a result, there are a lot of whales in the market, from all over the world. And where there are whales and smaller investors who can't control their emotions - there is market manipulation by the whales. I am watching ANS on Bittrex as a write this, watching whales put up, take down, and move their sell walls.
So what is my trading advice? Watch the charts. Wait for a huge red candle, and buy at the bottom of the candle. This is likely a great trade, especially if it is accompanied by a sell wall. I would define a sell wall as around 4000 ANS. The price will likely soon go up after the whale has bought some ANS at the low price, and then take away their sell wall. Then you should sell when it has raised about 8-15%, depending on your comfort level, and then wait for another dip to buy again.
This is just my advice and what I have been doing. ANS has great technology and fundamentals, and is certainly a solid long term hold, so it's bound to go up no matter what. However, I will not guess how much it will go up or how soon, because that is mostly for the whales to decide. Though if you want to try trading it on the ups and downs, this is an opportunity!
I agree. It seems to be a good coin to buy and hold. There is a ton of potential and it is certainly getting a lot of visibility.
I love Antshares (NEO). I think it has great potential. The risk is definitely worth the reward and there's still tons of room for growth. Currently a holder!
Antshares is one of the earliest Chinese Blockchain projects. I'm sure it has a lot of potential with the chinese markets .
China keeps loving bitcoin. To some degree they are xenophobic of foreign technology companies (ie Facebook is baned and zuckberg failed an attempt to have the chinese president name his daughter).
It is a good buy, I just feel like it doesn't need rebranding.
What you said about China is definitely true. Whether or not it needs rebranding, that is what is being done. I don't think it will hurt the coin at all in the long run though. Its goal is to go mainstream, and NEO sounds much better than Antshares for that. Definitely for foreigners, at least. The developers really want all types of investors. As crypto goes mainstream, people will be much more comfortable investing in and using something called NEO over Antshares.