OH CRYPTO. YOU'RE SO ZANY. NEO TO THE MOON (...AND BACK)

in cryptocurrency •  7 years ago 


NEO News

GOOD MORNING STEEMIT!

"Oh crypto. You're so zany."

Did you see what happened to NEO overnight? Check out the 5 minute chart I've posted below:

NEO/USD 5 Minute

This is just cliche crypto. Pump and dump rubbish in the decentralised, unregulated trading realm that we now find ourself a part of.

Embrace it or get the fuck out. There is no in-between.

Just keep trading the higher time frame levels and you'll be fine. Take a look at the daily:

NEO/USD Daily

The NEO daily chart actually looks a lot like the price of STEEM. Stuck in that tight range.

With the price of Bitcoin continuing to rip faces off above $6,000, I guess this is probably a good thing. People taking their money out of alts and putting it into Bitcoin which continues to soar, but the alts not actually dumping.

The money will come back into alts once Bitcoin settles and that's when the real fun begins.

Have a great Hump Day!

Peace.



Please leave a comment with your ideas or just share a chart.

Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.

Twitter: @forexbrokr
Instagram: @forexbrokr
Website: www.forexbrokr.com

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7 years ago by

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    • [-]
      ·  7 years ago 

    doubt neo will do much until after 2x fork. everyone wants those free coins.

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    2 votes
    [-]
      ·  7 years ago 

    Yeah, it's all about Bitcoin at the moment.

    Which is pretty crazy when you actually think about how much you make off these 'free coins'.

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      1 vote
      [-]
        ·  7 years ago 

      Yeh seems so, will be glad when all these forks are over tbh

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        [-]
          ·  7 years ago 

        Everyone keeps saying that money will move from Bitcoin to Alts. I'm an Alt holder and would love for this to happen, however with futures coming online for bitcoin alone I can see a lot of money just pouring into that coin for many months before we see a significant shift to Alts.

        Alts are great because a lot of them have legitimate projects behind them. But we need to realise that Bitcoin is king for the foreseeable future. It's probably time to pick some up as a hedge (if you're purely an Alt holder that is).

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          1 vote
          [-]
            ·  7 years ago 

          I agree that you should have a large chunk of your portfolio in Bitcoin either way.

          As you said, Bitcoin is still king!

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            1 vote
            [-]
              ·  7 years ago 

            Great post, i loved it

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              [-]
                ·  7 years ago 

              Cheers champ.

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                [-]
                  ·  7 years ago 

                You got my vote and a resteem :)

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                  [-]
                    ·  7 years ago 

                  Legendary.

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                    [-]
                      ·  7 years ago 

                    Love your post keep it up its good info

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                      [-]
                        ·  7 years ago 

                      Thanks mate.

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                        1 vote
                        [-]
                          ·  7 years ago 

                        Thanks for reply...i request you to upvotes my comments (your wish)

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                          [-]
                            ·  7 years ago 

                          Congratulations @forexbrokr, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 726 and the total pending payments to posts in this category was $4396.35. To see the full list of highest paid posts across all accounts categories, click here.

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                            [-]
                              ·  7 years ago 

                            Well... I guess that's pretty cool!

                            Thanks for the heads up :P

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                                ·  7 years ago 

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                                Reveal Comment
                                [-]
                                  ·  7 years ago 

                                Jog on.

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