Playing in the Rain

Another Sunday usually means another red day which is pretty exciting. A good way to gauge a
mid-quarter progress report to determine gains as the year progresses. At the time of this edit, the cryptocurrency market reached back up to under $500 billion. BTC broke $10k resistance and even saw $11000 for a couple of hours.


Will this be the new low, or can we still see a $8500 bounce is the question as we reach March. A month ago, BTC sat at $11400 coming off of a dip from the end of the year run. The market cap in BTC alone was over $200B, so going in to March I do believe a $13,500 BTC is feasible. Ethereum is resting right under $1k, and Ripple may never go under a dollar.


It keeps bouncing, and old rumors of Coinbase adoption don't seem to be far-fetched now. Coinbase, already in hot water for denying cards transactions for crypto, is already under fire for extra charges on users account. Having to refund many customers, from around the end of January to last week, it may lead to them adding a new coin. Ripple has increased adoption with Western Union, so further down the line the old jokes will subside. LTC has not yet reached its All Time Highs yet, but it has broken over $200, but investors are seeing if this is due to further adoption or the new "fork". LitecoinCash, LCC, was stated by Charlie Lee himself a scam and nothing to do with the original LTC. It is merely set to deter investors and possibly steal their money. The website states the coins transactions will be verefied by BTC SHA256 algorithm and allowing it to be mined. Charlie Lee, founder of LTC, has already denounced said coin and states that LTC is not planning any forks and to be careful for new investors.


This is true, as the sites wants users to put in their private keys of their LTC to receive 10 of the LCC. This feels a return of the BTC BCC drama, but this is what Roger Ver started.
LTC has no reason to fork, as the price is breaking over new lows, Coinbase is launching a new software to allow vendors to accept payment through Litecoin, and perhaps the most exciting of all 41 countries will have access to Litepay system which allows you to spend your LTC on a card. Unless any other detractors, LTC should see $250-$300 range by the end of FEB.


Build that All-Star portfolio, because once March nears the market will be extremely bullish. Just like last year, and the year before, BTC pulls up the highest invested alts with it to new all time highs, so good profit will be made. Always keep control of your private keys as no one but you are entitled to them. You are your own bank, and you must set standards and prerequisites as to how you want your funds managed (Get a damn Ledger). On to more adoption, NEO is still performing over $100 and could compete with LTC prices as more platforms are being ran on it. Looking more like Ethereum every day, NEOs new project DeepBrain is set to perform well allowing stakers to use their GAS gained from NEO to buy on the new coins on the wallet.


Stakeholders also receive another treat, in the Ontology network. A snapshot of users wallets will be taken on 01MAR at the first new hash, and investors will receive
.2 of ONT. Half of it is to be released in the wallet immediately, and the other half will be released going into Q2. With the start of the Chinese New Year, NEO appears
to be a big player this year as more platforms are flocking to be built on its network. It is good fortune for the Chinese to send money in red envelopes, so I do expect a huge spike in both NEO and GAS respectively.


More of the smaller alts could rise as BTC rises as well. The key is positioning yourself where your money can work harder than you are. I look forward to the new information and even the FUD coming at all angles, as the market does not seem to be slowing down going into Q2. Charlie Munger, mentor to Warren Buffet, recently called BTCasinine and surely to meet a horrible end. Either he's the most astute technologically advanced 94 year old in the world, or mass wealth is about to be spread through the diaspora.Position yourself for greatness and keep perpetuating it. Long health and wealth to you all, and always control your damn keys.