Can we foresee the tendency of Bitcoins looking at Litecoin and Ethereum?

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Bitcoin was the sandbox of the super-nerd. Still today, the old school market refines whose task it should be to know everything about cryptography still move on the edge of understanding or worse than what this new resource is not This is not surprising because the crypt is really the deepest rabbit hole that most of us will have to break down: this complexity is one of the main weaknesses of the blockchain, but the same can be said for the first Internet and the emerging scene of personal computing.

It is not surprising that it is the boys who have stumbled more deeply into the labyrinth of blockchain knowledge, another sign that this is the next big thing. [19659003] [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

When bitcoin and cryptocurrency passed from the subculture of the underworld that was developing at the end of 2016 and at the beginning in 2017, the price took off.

We call this time Jan. 1, 20 17. The inhabitants of Crypto may not agree, but no doubt the 2017 was the bitcoin year, so we can start from there.

Let's take a look at how prices have developed.

From this point of view, altcoins are the great story. While the bitcoin was the giant brand, the second classified in terms of brand awareness, ethereum and litecoin, have increased further for their Hodlers. & nbsp; The scale of the chart is normalized by BTC to USD:

If you were lucky enough to buy on the first of January and madness farsightedness to hold, then even today after an accident, the returns remain practically psychedelically vast.

Interestingly, the bitcoin peaked, next litecoin and finally ethereum, with huge jumps for these coins after the bitcoin peaks.

As believers, we do not think that the cryptos will go to zero, instead we look at the next cycle of bubbles to kick off. As I stated in a previous article, crypto is a logarithmic resource .

This explosive mechanism of viral growth by cryptographic value is driven by the passage of the resource from the darkness to the mainstream. When the next wave hits and the higher levels of "normal people" suddenly "get" the cycle will repeat and be repeated again and again as the wider audience experiences cryptocurrency. This is the belief.

So where are we in the cycle?

Most of the road to the bottom of the accident, at least in percentage terms from the top.

Let's take a look at what happened to BTC, ETH and LTC since bitcoin reached its peak. The scale as above is in BTC to USD:

We can see litecoin underperforming bitcoin and in the period due to the late rally for ethereum after the bitcoin peak, ether exceeds that of bitcoin. However, this outperformance would require a perverse and lucky market to the buyer.

Let's take a look at the recent history from the peak of ethereum:

Declaring the obvious, all these coins are clearly related. ETH and LTC have alpha on bitcoin. As such, it would make sense to look at them as a way to grab the bottom with some extra pop.

So let's get back to the beginning. We want a signal to show us when to come back. Ethereum and litecoin have delayed the end of the bubble, reported by bitcoin. What marked the beginning?

What am I doing? Believing that as much as you polish your crystal balls you will never be able to see the future clearly, I am kindly buying dribs and drabs of bitcoin, ethereum and litecoin, all things I own and many other coins beside. I am, however, waiting to buy material amounts, because the trend is falling and the tendency is not our friend until the curve at the end.

I will spend the curve at the end.

This is quite clear.

The retcoins have the alpha and ethereum leading the charge the last time.

The past does not foresee the future blah blah blah … But you'd be a fool not to look for ethereum and litecoin to start the rally as a potential & nbsp; signal for the fund of the crypto market that we are waiting for and last year gave a lot of advanced warnings, so we will do it again after the titles of "Bitcoin is Dead" hit the mainstream press.

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Disclosure: I own bitcoin, litecoin and ethereum .

—–

Clem Chambers is the CEO of & nbsp; private investors website & nbsp; ADVFN.com and author of Be Rich The Game in Wall Street and Trading Cryptocurrencies: A Beginner & # 39; s Guide .

& nbsp;

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Bitcoin was the sandbox of the super-nerd.Today, the old school market refines whose task should be to know everything about cryptography is still roaming at the feet of an understanding or worse, totally This is not surprising because the crypt is really the deepest rabbit hole that most of us will have to break down, weaknesses, but the same can be said for the crypt. early Internet and the emerging scene of personal computing

It is not surprising that it is the boys who have stumbled more deeply into the labyrinth of blockchain knowledge, another sign that this is the next big thing.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

When bitcoin and cryptocurrency passed from the subculture of the underworld that was developing at the end of 2016 and at the beginning of 2017, the price took off.

We call this moment the January 1, 2017. The inhabitants of Crypto may not agree, but no doubt the 2017 was the bitcoin year, so we can start from there.

Let's take a look at how prices have developed.

From this perspective, altcoins are the great story. While the bitcoin was the giant brand, the second classified in terms of brand awareness, ethereum and litecoin, have increased further for their Hodlers. The scale of the chart is normalized by BTC to USD:

If I had the good fortune to buy the first of January and the madness [19659051] farsightedness to keep, then even today after an accident, the returns remain practically psychedelically extensive.

Interestingly, the bitcoin peaked first, litecoin later and finally ethereum, with huge jumps for these coins after bitcoin peaks.

As believers, we do not think that the cryptos will go to zero, instead we look at the next cycle of bubbles to kick off. As I stated in a previous article, cryptography is a logarithmic resource.

This explosive mechanism of viral growth by cryptographic value is driven by the passage of the resource from the darkness to the mainstream. When the next wave hits and the higher levels of "normal people" suddenly "get" the cycle will repeat and be repeated again and again as the wider audience experiences cryptocurrency. This is the belief.

So where are we in the cycle?

Most of the road to the bottom of the accident, at least in percentage terms from the top.

Let's take a look at what happened to BTC, ETH and LTC since bitcoin reached its peak. The scale as above is in BTC to USD:

We can see litecoin underperforming bitcoin and in the period due to the recent rally for ethereum after the bitcoin peak, ether has better performance than bitcoin. However, this outperformance would require a perverse and lucky market to the buyer.

Let's take a look at the recent history from the peak of ethereum: