Breaking News BTC-BURST Buy opportunity 750 satosh acting as support? Mainsteemmedia

in news •  8 years ago  (edited)


Burst is a relatively new find for me, so I am not as familiar with this one as some of the other cryptocurrencies I have been studying.

Having said that, the trade volumes are relatively high which I see ass an indicator of an increase of wider acceptance and use (demand) of this next generation cyrpto currency.

With faster transaction speeds, and a less complicated mining process (just what I've read, definitely not an expert on mining), I can see some of these cryptocurrency 2.0's really gaining momentum in coming years as people enter the crypto-economy and learn of some of the issues (such as scaling) which could limit the future value of crypto 1.0's like Bitcoin.

I'm a long-term strategist but I think there may be potential for short-term gains on this one also. There has been a significant retracement and I think 750 satosh may act as a psychological support. Being a long term investor, I have never been super strong with my technical's.

Feel free to leave your comments regarding the suggested support level.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!