Palm Beach Confidential just put in a buy alert yesterday for Bitcoin Cash.
RE: Bitcoin Cash (BCH): A Massive FLAMEOUT of BULL BUYING POWER Has Taken Place...I explain in this analysis!
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Bitcoin Cash (BCH): A Massive FLAMEOUT of BULL BUYING POWER Has Taken Place...I explain in this analysis!
What are the other open positions in this portfoilio?! Thanks
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interesting.
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So they are finally on board after telling their customers to sell BCH on the fork. Teeka is getting smarter.
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My thoughts exactly, I was wondering why he never put in a "buy" recommendation. Here are his thoughts:
Why Are We Buying BCH Now?
In our original sell alert, we said if BCH attracted a more diversified mining pool, we would revisit it. Over the last few days, we’ve seen BCH’s hashing power (mining) grow by 500%.
We can’t ignore this rapid growth of mining support. This is an encouraging sign and suggests that BCH deserves a home in our short-term portfolio.
It’s too early to tell if BCH will make it into our long-term holdings.
I’d have to be convinced that BTC will never scale. And at this time, I just don’t believe that.
So, for now, we are adding Bitcoin Cash (BCH) to our short-term model portfolio.
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Not too bad but little too late. From what I've seen Teeka doesn't seem to put much attention on long term fundamental investments but rather form his opinion based on other experts. I might be wrong as I don't have a PBC subscription. I've seen some good recommendations like ZEN, NEO, BAT, NEM, Zcoin. But you could figure that out with just a visit to https://coinmarketcap.com/ and checking the websites.
I really wish they bring down the price because PBC can save a lot of time for me. Looking at what @haejin does for free Teeka should go for $49/year price tag. But as long as there are people who can't tell shit from shinola in the tech space, PBC will make a lot of money for the editors.
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Are you a member of PBC?
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