CRYPTO MARKET UPDATE 3/29/2018 ( 10 million in BTC to buy nelson mandelas hands?!!!)

MARKET UPDATE 3/28/2018

Donate BTC:1E14XuwimZQRbUYqyfoNwDdLANf1JBAyxQLk

Research by: Douglas Andres Luna for Cryptobullrun

Remember you can take what I say with a grain of salt as I am not a financial adviser. Any questions can be directed to me on the following social media platforms
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TMC: -$309.62 Billion

24HV: -$13.55 Billion

                    BTC:-7,945.90

(XRP/BUY) Ripple TA is showing consolidation around .50 cents. Perhaps a good time to jump in as ATH’s in 2017 with a significantly smaller Market cap was in the low 40’s.

(CRYPTO/BUY) As crypto is becoming more and more adopted in the world of finance, the beginning of rooting out fraudulent companies has begun within the crypto space before significant regulations begin to kick in. Upbit exchange is now rewarding it’s users for reporting fraudulent HYIP’s and other “companies” and in turn reporting them to the proper authorities.

(OMG/BUY) Omisego has distributed over 1 million USD worth of OMG to refugees which will allow them to invest money for the future as they try to rebuild a new life or have urreny that can be spent when arriving at their newly adopted home.

(XRP/BUY) A bullish XRP analyst has determined after extensive research that XRP will have a minimum price of $100 based on predicting the Market Cap of the coin during this time and dividing the amount of coins to the size of the overall market.

(DASH/BUY) Cheapair.com is now accepting DASH payments.

(SM.M) Social Media Market just concluded their ICO raising over $6.5 million dollars USD.

(CRYPTO/BUY) Car manufacturing giant Ford Motors has proposed to create blockchain technology to allow communication from vehicle to vehicle significantly reducing the dangers of driving.
CEX.IO is passing the network fee savings on to its customers. Facing massive pressure ad competition from newer exchanges like Binance CEX is being forced to adapt and offer a better service in order to compete or risk becoming irrelevant.

Solid Gold casts of historical hero Nelson Mandela have been bought buy an anonymous buyer with $10 Million worth of BTC.

(CRYPTO/BUY) IT has been revealed that TMX Group based out of Canada is behind the launching of a crypto brokerage firm within the Canadian Stock markets in a partnership with Paycase.

(DLT/BUY) The Bank Of England has confirmed running tests using Agrello in a New settlement system it plans to implement.

(PAY/BUY) TenX is looking ahead having partnered with a new crypto card seller. Perhaps I will now receive my card which I ordered over 9 months ago.

Bitmain has released an Ethereum ASIC Miner, posing serious competition for GPU mining hardware and also believed to be pushing the price of Ethereum down.

(PETRO/SELL) Bitfinex is refusing to list Venezuela’s Petro Dollar. A tip of the hat to Bitfinex

(XRP/BUY) Ripple has donated 29 Million USD to US public schools

(DCN/BUY) Rumors are beginning to spread around reddit that a bull run is coming for DCN sooner than later adding to the rumor of a new major exchange listing.

Eric Voorhees has recently stated, “ If someone proposes that blockchain can solve problem x...” Then ask them with blockchain? If they are confused by this question then it’s probable that this person has no clue what they are talking abut.

So in response I want to help any of my readers not fall into one of these traps when debating crypto and blockchain as a whole.

So What are the types of Blockchains
#1 Public blockchain : As the name suggests is for and of the people. No one person is in charge and anyone can participate in reading, writing, and auditing. They are 100% open and transparent. Decisions are made by Consensus through POW or POS EX; BTC/LTC

#2 Private Blockchain: IS basically the opposite and is almost an oxymoron as it defeats the whole purpose for the creation of blockchain in the first place. One person or company can own it and has one point of failure, thus making it vulnerable.

#3 Consortium or Federate Blockchain. Is run by a group of people or companies where votes on decisions are made by the top investors. Benefits of this blockchain is speed of use and they have no one point of failure as it is decentralized among st multiple computers in the chain.

So Why do we need Blockchain?

1. It takes away the need for huge expensive servers
2. Faster and more cost effective
3. Corruption will be harder to participate in with the implementation of transparency and smart contracts.
4. Gives options for rights and access to management
5. Reduces Redundancy
6. Geographically separated parties can reach consensus more effectively and faster.

And Now a special portion, “ 10 DON’TS of Trading

1)Sell Low Buy High. This seems pretty basic but no matter what level of trading you are at we are all guilty of this. When an investment drops we sell to jump into a coin that is surging, but we might jump in late as the coin begins to drop and find ourselves trying to make up for the loss unknowingly chasing highs.

2)Getting too attached to any one particular coin. This doesn’t apply to long term HODLERS. Traders must not mix emotions when dealing with money and numbers. Play the TA not your emotions or get #REKT

3)The cheaper the better….Although the reward may be greater so is the risk. Always make sure to understand what you are putting your money into because as fast as it can pump it can equally dump. #REKT

4)Chasing the Next Big coin. No one knows the effect on price action on a coin when it enters the market, It could rocket or free fall. This is not an intelligent way of investing it’s only a way of getting #REKT.

1. Believing that you don't need to be up to date with happenings in the market. Yes TA is good in a bull market or even horizontal market but massive pumps and dumps are usually triggered by major news on a coin.

6)Investing all you have all at once. Only time can give you the temperament and experience to make better decisions. Better to put in a percentage of your money and when the movement confirms your guess put in a bit more. If you could go all in and the coin drops and you are stuck holding a bag for months and this will cause you to eventually sell low in order to “dig” yourself out and begin the process of selling low and buying high without realizing it.

1. On the other extreme. Acting on any and every ad or news before doing due diligence.

8)Putting everything you have into ONE coin. “Always diversify”.

9)Not knowing when to exit. I personally have experienced this due to greed and being naiive. I had a long term coin which grew 1000% and instead of taking profit to reward myself for a smart move I kept thinking it would go higher and higher and in the end it dropped and I missed an opportunity to cash out to buy back in

1. Not having a basic understanding of TA (Technical Analysis) The opposite of ignoring the news. You must be able to read basic indicators when day trading to make fast moves. A good place to start would be learning Bollinger Bands, MACD, and RSI. Using these in combination is very simple and can greatly reward you. Without any TA you will get #REKT

This has been an interesting week in the markets. A few days of green with a follow up of dumps. Even though we saw the market beginning to grow again we quickly saw it drop to just under 300 billion. Across the board you see coins consolidating and just waiting for the next huge pump of money into the market to make record ATH’s from before. I still stand by the fact that I believe anyone with at least 1k invested now will be a millionaire by 2020 if they maneuver the markets intelligently.