Let's take positions for long!!
I remember once that one of my friends recommend me to buy and hold IOTA, i did not take his recommendation but at the end i bought some and take advantage its valuation back in december. Since then the FUD start to come, many publications was focus on IOTA and wrote good reviews about some weakness of IOTA, wich i was agree but something that most of the writters didnt mentionet is that IOTA its just starting.... And for sure it will have some issues but the think is how IOTA will solve it.
https://blog.iota.org/announcing-the-iota-ecosystem-339612656bc3
Back on 7 of February IOTA ECOSYSTEM was announced and i quote :
The IOTA Ecosystem will be a platform to house the community of developers, startups, hobbyists and initiatives all over the world working towards the distributed and decentralized future we all aspire to create (think developers.google.com, but for open-source DLT applications built on the IOTA core protocol). From proof-of-concepts, utilities and libraries, to educational resources, media, philanthropic endeavors, and more, the IOTA Ecosystem will be where everyone involved in the broader IOTA community can meet, collaborate, learn, inspire, develop and build.
This is great!!! but, for the market?? Whats this coudl mean? Why if theres many good news the price still not go up?
##The market Need incentive
Indeed it need it, IOTA have some serious problems, and even if there are a very good news incoming the market will not react if IT fail to convince the investors to renew the trust and not spectulation about the proyect. IOTA Ecosystem could help to achived it, but this is just begenning, IOTA needs to pass many challenge to finaly "fundamentaly" rise to new maximus!
Meanwhile
The price could still fall... IOTUSD fail to sustain above the 1.50, if the prices close this day under the 1.50 Usd, the next medium support could be the 1.37 and in the long term the price of the 1.20 Usd.
The price could experience a new and sustained "Bull Trend" above the 1.80 Usd, meanwhile we need to wait the price and follow the patterns looking for a quick trade and a trade for HOLD, cause for sure the price will
"test" again its Historical Maximun
Thank you.
Saul Q.
Excellent analysis
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How it Work You can Check Here
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Que excelente post amigo, saludos desde venezuela @sfcq240788
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Muchas gracias hermano!!! Te mando un abrazo!
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Excelente tu información amigo, seguire de cerca tus post para seguir informado, @sfcq240788.
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Que buena informacion amigo @sfcq240788, espero ver mas informacion como esta, SALUDOS
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Muchas gracias hermano, saludos
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I heard there code is not that great.Haven't checked it out for myself though.
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Yes me too, but im beleive that this technology could be greater soon
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Great explanation and logical analysis about IOTA .. bro..
Are you a trader ? @sfcq240788
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Yes my friend, Im trader on Forex, CFDS and Cryptos :D
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Great..bro.. Your graphical analysis may be so effective..@sfcq240788
Those graphs are take from which site ??
Those graphs are take from which site ??
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Muy buena esa información, excelente...
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Muchas gracias hermano, espero te sea de utilidad
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@sfcq240788 has set 1.000 SBD bounty on this post!
What is a bounty exactly?
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You create a bounty by sending any amount of sbd/steem to @steem-bounty together with a post-url in the memo.
How can I earn a bounty Users are then competing for the bounty by writing their answers to the post in comments that will achieve upvotes from the community and especially the bounty creator. The money of the bounty gets distributed to all top level comments of the post at the same time when the post is paid out (7 Days after it was written). How much everyone gets depends on the votes the comments received. The sender of the bounties votes are weighted higher so that she decideds where 80% of the bounty money goes and all other votes determine the rest.@steem-bounty does all of this for you automatically. You can use this service to automatically pay out a challenge, ask a hard question or simply to reward the people that interact with you.
Read more about how it works, even in different languages here.
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Congratulations to the following winner(s) of the bounty!
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I been recommended IOTA by a few people but have not purchased any. I am rather new to crypto and decided that I will earn most of it through doing bounty work for new projects instead of investing money. But who knows I my change my mind and invest some more money into different projects.
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Don't get me wrong, I love the concept of IOTA and it's long term potential, I just think the valuation is ridiculous. There are actual working projects out there (I am writing the on BATs Brave browser) that are valued as a fraction of IOTA. I get that the concept is great but that's all it is to me. IOTA had a decent week because they are releasing news about QUBIC. My advice is to drop the TA, it's nonesense and only predicts which way the price will go about 50 percent of the time in the long run.
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