BTFD is a term used in cryptocurrency trading to mean “buy the fucking dip”. It refers to the notion of buying an instrument during a price decline. It is mostly a bullish anthem but the past few years have demonstrated that cryptocurrencies tend to appreciate during the second half of every year. We expect this trend to reoccur this year as well. Our team of traders recommend the following cryptocurrencies for your shopping list. We expect them to produce a healthy return on investment in line with NouVive’s Traders 6.7x strategy.
NEO is an open-source, non-profit, community-based blockchain project utilising blockchain technology and digital identity to digitise assets and automate the management of digital assets through smart contracts. Collectively, NEO’s team believes, these additions to mainstream blockchain applications will lead to the creation and prevalence of the smart economy.
NEO is currently trading at 39 USD. We expect NEO to retest at previous highs of 140 USD. We recommend adding NEO to your shopping list for the upcoming bullish season.
ICON is a blockchain project seeking to bridge crypto with the real world through applications of the technology into the operations of institutions ranging from insurance companies to universities. ICX has a competent team and proven historic success.
ICON is currently trading at 2.17 USD. We expect it to retest at previous highs of approximately 10 USD. ICON represents a fantastic addition to the shopping cart of any reader ascribing to the BTFD mindset.
QuarkChain is a high capacity, peer-to-peer, transactional system. QKC utilises a two layered blockchain which uses elastic shading for the first layer and a root blockchain for consensus maintenance. With incentivised mining, horizontal scalability, cross-shard transactions and simplified account management, we expect QuarkChain’s competent team to render it a success.
With QKC currently trading at 0.15 USD, we expect it to retest at its previous market high of 0.33 USD during the upcoming bullish season. We recommend it as a worthy addition to your shopping list.
VeChain is a leading global enterprise level public blockchain platform which aims to connect blockchain technology to the real world through a comprehensive governance structure, a robust economic model and advanced real-world applications. As we have written about in the past in terms of staking, VeChain will be rebranding and branching out into VeChain Thor (VET) as complemented by THOR, similar to how NEO releases GAS.
With both the approach of the year-end bullish season and VeChain’s rebranding, we expect VEN (soon to be VET) to appreciate significantly from its current market price of $2.75. NouVive’s team of traders expects the cryptocurrency to retest at the previous market high of approximately 10 USD before the end of 2018.
This is a relatively unknown blockchain project. Odyssey markets itself as the future of the decentralised sharing economy. It utilises a universal protocol based on credit and trust to incentivise adoption. This strategy includes minimal operating costs, scalability, transparency through the open-source nature of the project, autonomy creating better compliance, refined supply and demand matching and essentially, a trustworthy and anonymous blockchain network.
OCN, Odyssey’s tokens, are currently trading at just 0.011 USD. However, they reached a market high of 0.11 USD in February. With the approach of the bullish season, NouVive’s traders strongly suggest buying the dip. We expect OCN to retest at this previous market high. This will provide investors with potential 10x returns.
TRON is one of the largest blockchain-based platforms in the world. It boasts a higher throughput that Bitcoin and Ethereum, is scalable and provides effective smart contracts and is highly reliable because of incentivisation of consensus maintenance. TRON consistently handles 2000 transactions per second, compared to just 25 with ETH and 5 with BTC.
With an upcoming token migration from ERC20 TRX to Mainnet TRX between the 21stand 25thof June as complemented by the upcoming bullish season, we recommend you buy the dip. TRON is currently trading at 0.04 USD. We expect TRX to retest at the previous market high of 0.2 USD. We strongly suggest adding TRON to your shopping basket before token migration to make the most of this opportunity.
Zilliqa markets itself as a next-generation, high throughput blockchain platform. It has recently released a public testnet and boasts around 2500 transactions per second. Zilliqa also supports decentralised applications with significant real-world applications. Consensus across the blockchain is maintained through advanced protocols. As Zilliqa is in ICO stages, NouVive’s traders have also published a Crypto Watch report on Zilliqa which explains the underlying technology in Zilliqa’s offerings.
Currently trading at 0.08 USD we expect ZIL to retest at its previous market high of 0.2 USD. This could represent a major return on investment for those that buy the dip.
NouVive’s team of traders believe that these 7 cryptocurrencies should be in the shopping lists of every subscriber. As the bullish season commences, we expect them to collectively demonstrate a 6.7x return on investment at the very least. You can remain ahead of the market instead of lagging behind in pursuit by keeping up-to-date with WeViveLive.
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Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.