Weekly E-mails:  Crypto Trading Strategy 5 Weeks of Onboarding Reads. Latest Airdrops (Thu 7 AM EST). Or all of it.

Dismiss   Pick Your Preference
This site uses cookies (More).

 

Thomas Lee on how millennials probably will make the cryptocurrency market - #CryptoTrading

Millennials are such a big segment that they should be able to move even the housing market up, not even to speak about cryptocurrencies.
Blog
  .  Published  · By KarlVonBahnhof

Thomas Lee of Fundstrat had an interesting presentation at Upfront Summit 2018 that was published via Upfront Ventures’ Youtube channel couple of days ago. If you are not familiar with the name, he was lead equity researcher for JP Morgan before founding Fundstrat.

In his Upfront Summit presentation he takes a market approach to valuing Bitcoin and other cryptocurrencies. Cryptocurrencies are presented as an asset that is mostly dismissed by legacy people but very much admired by the generation of millennials. Since millennials as a group are so clearly focused on cryptocurrencies and since there is so many of them, they should be able to move the markets just as previous generations did with stock markets, gold markets or with housing - at least the bigger of them.

Trust, millenials and Wall street

Download full presentation from Slideshare


Thomas Lee has been active in the cryptocurrency space for some time and is bullish on BTC and ETH in 2018, according to a report at CNBC in January 2018. Specifically he said 9-10k USD should be the lower end of the Bitcoin’s trading range for this year, and that he would be an aggressive buyer at those levels. He predicts ETH at 1900 USD in 2018. Interestingly he also added strategic rotation between cryptocurrencies should be a good trading strategy for this year.

This kind of ranging market where value flows between different cryptocurrencies is interesting for traders, unlike at the end of 2017 when everything just went up. 2018 is looking like this kind of chop so far indeed, with panic sometimes painting the same chart all over but otherwise diverse trading for BTC, LTC, ETH, XRP and XMR fiat pairs. It should pay off to follow some cryptocurrency correlation data: sifrdata has long term correlations over 90-365 days, cointrading.ninja has as low timespan as 7 days.

About the author

Written by KarlVonBahnhof

KarlVonBahnhof also on Reddit, Chris belongs to the crypto trader class of 2013. Located in the Americas most of the time, you're most likely to meet at r/BitcoinMarkets though.

 

Last added to Crypto Airdrops, Bounties & Opportunities
Name Date How to access Official URL Additional Info
DAPPT Airdrop New Opportunity LIVE until 16 July The dapp.com pre-listing airdrop that we published in June is done now and users can withdraw their airdrop rewards. Dapp.com now opened another opportunity to earn money - there is a TRX reward for trading the DAPPT token. How to get money:Sign up on PIEXGO where DAPPT is listed with code 3I2QDP. Make at least one trade on DAPPT/USDT market. PIEXGO will snapshot user holdings every hour before 15:00 (UTC +8). Users will share a total of 30,000 TRX according to proportions of their average daily DAPPT holdings. DAPPT withdrawal PIEXGO exchange
MAXUM Crypto Airdrop As available New deflationary ERC-20 token (with a token burn rate of 2% per transaction). Because the only issue there is with the token ecosystem is inflation, or whatever. Drops for classic shilling (Twitter) and Telegram join. info form
PDATA Bounty Until 7 July PDATA is seeking to increase their brand awareness and would like to reward content producers in their native language with $20 in PDATA tokens in exchange for published articles and or videos. Maximum of 20 submissions. You should fill the pre-signup form ASAP, deadlines just now. info form
Product Protocol ERC20 Airdrop Until 22 Juny 2019 Product Protocol is a opensource protocol for crowdfunding/crowdlending campaigns based on digital assets issuing. Drops up to 18 USD worth of tokens for classic social media engagement. info join
INNOU Crypto Airdrop Limited INNOU is a new digital ecosytem and complete decentralized multimedia app. During their pre-ICO/ICO they are giving away up to 120 tokens (11 USD) for easy social media tasks. The 'Join' link takes you directly to the Telegram airdrop bot. info join
FanEspo Big Competition (ERC20) Regular Fanespo is launching a new promotion contest worth $400 in FAN tokens. Details will pop up on you when you sign up on site. Overall, the eSports platform FanEspo is giving away the total of $1.6 million of tokens in contests. You need to have a FanEspo account, the tokens you get are testnet but they will be transferred into real tokens upon launch. details make acct
Ethereum Card Airdrop Until end of June 2019 The escrow service on Ethereum is giving away up to 100 ETHCD tokens (15 USD) for a signup through referral and social media joins. Sign up with email and in your dashboard click "Join Airdrop". info sign up
Lunox LNX Airdrop Until end of June 2019 A retail marketplace that for some reason uses blockchain technology. Drops ERC20 tokens for social media shilling. info form
Bethereum Photo Contest Until end June 2019 Bethereum, the betting platform on ETH, is giving away prizes in a social media campaign to the platform users who take a photo of the platform in an unexpected place, post it as a comment and hashtag it #BethereumAnywhere Twitter. The monthly prizes of 25K Bether, AND 3 grand prizes of 100K BETHER! join platform photo thread
BlockWage Airdrops + Bounties Recurring Platform for freelancers marketplace. Airdrops randomly announced via Discord, there's also the possibility of Masternodes. join web
BitForex Exchange Launch Promo Limited The new altcoin trading platform is dropping exchange tokens to new signups. You get 20 BF for your signup with code 2178778 and can earn more for referrals, limited at 30k BF. details make acct

#DEX Series - The Business Of Decentralized Trading

Blog  #exchanges   29 Jun 2019, 09:14 UTC
DEX Series, Episode 2: Copy trading
Blog  #exchanges   29 Jun 2019, 09:14 UTC
DEX Series, Episode 1: Order Execution Management