Crypto Dip | NEO / VEN / ICON Spikes | Bitcoin Analysis

Cryptocurrencies have taken a hit today and I thought it would be a good time to provide an update on some of them. Note that this video is less formal than my normal videos and I would love your feedback in the comments below as to whether or not you’re okay with these videos (in addition to the higher quality, more focused ones).

Steemit Post: https://steemit.com/cryptocurrency/@cryptovestor/crypto-dip-or-neo-ven-icon-spikes-or-bitcoin-analysis

Here’s a rundown of topics in the video:

1. Recap of why markets are down due to South Korea
2. NEO and Gas up due to ICO excitement. Gas might have more potential due to being divisible.
3. ICON excitement. Is this project promising a bit more than they can deliver? It seems that way, but won’t comment more since I have NOT done much research at all.
4. Vechain partnership causing a price move to upside
5. Overall Eastern Hemisphere coins seem to be doing well (good call on China coins Carter), which I generally tend to avoid due to discomfort with regulatory picture there along with ability to do research being hindered due to language barrier
6. Update on Bitcoin (still bullish)
7. Update on Ethereum (still bullish, but cautious about idea of investing more)
8. Update on Ripple (could be a good trading opportunity, don’t love it for investing)
9. Update on my video for “top x crypto holdings for long-term”
10. Why I don’t like most technical analysis

What are your thoughts on the market? Let me know in the comments below, thank you.

P.S: These types of videos are only way you’ll hear me make comments on coins you bring up a lot in comments. Sometimes I don’t have enough info for a dedicated video on them, but can at least mention in passing here.

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If you like my content, you can support me through using ANY of the affiliate links below (I receive small compensation). The beauty of affiliate links is that I can pick and choose what I like rather than have companies approach me – everything I linked below (with the exception of Trezor since I like Ledger), I use myself frequently.
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My Recommended Hardware Wallets:

If you want to store your cryptocurrencies safely, the best way is through a hardware wallet. Seriously – look it up and you’ll find plenty of information supporting this claim. There are alternatives such as paper wallets, but these are convenient and my choice for cold storage (offline):

Ledger Nano S: http://amzn.to/2hZPj0q
Trezor: http://amzn.to/2AxD9TN
Ledger Blue (expensive): http://amzn.to/2hk7xst

I personally prefer the Ledger Nano S, but the Trezor is such a close second that it really doesn’t matter which one you go with. Ledger Blue is premium and convenient, but not necessary.
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My Favorite Book for Investing in Crypto:

Cryptoassets: http://amzn.to/2zKDdCF

This book is, bar none, my favorite book for investing in cryptocurrencies. It doesn’t bog you down with technical jargon, but instead focuses on all the elements you should understand before you invest.

It’s a comprehensive book for both beginners and experts. Beginners will find information about major cryptocurrencies (not just Bitcoin) as well as details on historical market events (that you can draw on for future) and events to watch for moving into the future. Experts will find the chapters on valuation particularly useful. For those of you involved in traditional investing, this book is even more of a godsend as finance info is explored (correlations with other asset classes, ETFs, etc).
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My Recommended Exchanges: Coinbase / GDAX / Bittrex

https://www.coinbase.com/join/5a08b12e305a1401d79d10e0

If you sign up to Coinbase using link above, you and I will both receive $10 each after you buy your first $100 of Bitcoin using Coinbase. Coinbase is much less intimidating for beginners. Once ready, move up to GDAX for cheaper or zero fees. For altcoins, I recommend Bittrex.
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Legal Stuff: I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites.

None of what I provide in my videos is investment advice. Please do your own due diligence.
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My Platforms:

Twitter: https://twitter.com/Truth_Investor
SteemIt: https://steemit.com/@cryptovestor
Medium: https://medium.com/@Truth_Investor
Seeking Alpha: https://seekingalpha.com/author/truth-investor/articles

Crypto Dip | NEO / VEN / ICON Spikes | Bitcoin Analysis

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About The Author

Kane Dane