If you missed the boat on buying Cryptos or have found them complex to buy, here is an alternative way to benefit from this area.
My chart of Coinsilium (COIN) on the UK market (NEX Exchange) which invests in Cryptos has just given a buy signal and has formed an inverse H&S pattern. Currently around 5.1p, my target for this stock is 13p. For other stocks, please see my previous thread called “Interested in Blockchain Stocks?” And dont’t forget to look at the updates under the replies to get the background.
Just came across another company on the US stockmarket which has started investing in blockchain companies. It is called "Riot Blockchain" and is listed on NASDAQ. Currently, priced at around $7, it appears to have lot of potential. Check it out and for a start watch this video where the CEO explains why the blockchain will disrupt the enterprise and what his company is doing now......
https://www.techrepublic.com/videos/video-why-the-blockchain-will-disrupt-the-enterprise/
@marketreport @good-karma @jerrybanfield @jsnip4 @jmsm2 @blockchain
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Check out this breaking news from RIOT Blockchain today....
https://ir.riotblockchain.com/press-releases/detail/17/riot-blockchain-announces-strategic-investment-in-verady-a
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COIN now seems to be taking a breather before the next leg up.
I’ve come across another similar stock called Kryptonite (KR1) on the NEX market which invests in altcoins and has also given a buy signal on my charts. Currently priced around 8p, it appears to have lot of potential. Check it out.
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After further analysis, I have revised my target for this stock to 16p now.
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