✅ Firstly of all, I didn't want to comment on this News... but since #BSV has been created as a so-called hard fork of Bitcoin Cash (Roger Ver and his #Bcash 😂) in Nov. 2018, which itself involved a change radical protocol compared to Bitcoin in 2017... I have always said and repeated to be very careful to those who wanted to speculate with this shitcoin, because there are too many red flags! 🚩🚩🚩🚩
👉 Look at him »»» Craig Wright (#BSV CEO Owner) has continuously claimed to be Satoshi Nakamoto (Bitcoin creator 😂) and although he has been caught lying several times, etc,... Early this year he had his personal computer hacked by persons unknown and its encrypted private keys to two BTC addresses were stolen for a value of $3.5bn (Feb. 2021). 👎🏻
https://invezz.com/news/2021/08/04/bitcoin-sv-suffers-a-51-attack-hackers-reorganise-up-to-14-blocks/
👉 Look at him »»» Craig Wright (#BSV CEO Owner) has continuously claimed to be Satoshi Nakamoto (Bitcoin creator 😂) and although he has been caught lying several times, etc,... Early this year he had his personal computer hacked by persons unknown and its encrypted private keys to two BTC addresses were stolen for a value of $3.5bn (Feb. 2021). 👎🏻
https://invezz.com/news/2021/08/04/bitcoin-sv-suffers-a-51-attack-hackers-reorganise-up-to-14-blocks/
Invezz
Bitcoin SV Suffers a 51% Attack; Hackers reorganise up to 14 blocks | Invezz
Bitcoin SV (BSV/USD), the 42nd-largest cryptocurrency by market capitalization, has suffered a 51% attack. The attack started at 3:45 PM yesterday. Reportedly, this hack resulted in the simultaneous mining of up to three versions of the chain. According to…
🚩#BitcoinCash - #Bcash is Back?
👉 Cup with Handle pattern, with breakout done. Technical indicators are clearly pointing short-term uptrends, depending of course on the BTC movement.
👉 #BCHUSD Take-Profit Targets:
▫️Buying Entry on 22/10: $625-640
🔹TP1: $735
🔹TP2: $875
🔹TP3: $1020
🔹TP4: $1175
🔹TP5: $1370 +119%
🔹TP6: $1615 +159%
⛔️S/L Invalidation: below $535
👉 Cup with Handle pattern, with breakout done. Technical indicators are clearly pointing short-term uptrends, depending of course on the BTC movement.
👉 #BCHUSD Take-Profit Targets:
▫️Buying Entry on 22/10: $625-640
🔹TP1: $735
🔹TP2: $875
🔹TP3: $1020
🔹TP4: $1175
🔹TP5: $1370 +119%
🔹TP6: $1615 +159%
⛔️S/L Invalidation: below $535
D.Y.O.R. / Speculative Coin
(Do your own research)
▫️It is always important to know where you are going to invest your money before taking any position, so you will be able to adapt your strategy accordingly.
▫️#Cardano is one of those "speculative crypto" that increase their token prices with the need of a hype, created by marketers with aggressive marketing, breaking news announcements, special events, paying articles, bonus to influencers, etc. We know the results with huge pumps in bubble pricing structures, followed most of times by strong and vertical speculative collapses, before seeing prices stabilizing for months. Unfortunately, the last to enter in the peak of the price, will be those who will end up with heavy bags, and for long time before they can get rid of them. (we all had this kind of bad experience, which looks quite like a Ponzi scheme!)
▫️On the contrary, a non-speculative crypto will increase its price mainly due to fundamentals based on its own project with advanced developments, and which may be fully operational (SOL, DOT, ALGO, LINK). These token prices may take a bit longer to rise, but their price structure will be shaped much firmly with clean steps in order to go higher and long term. IMHO, these are the crypto projects that have a Real Future and will still be there in few years, while the others will have disappeared.
▫️In the Top CMC (except Doge and ShibaInu without any utility) there are some similar cases ... #Ripple that since 2017 has made hundreds of announcements of new partnerships with banks... Roger Ver and his #Bcash who was in the Top5 before falling into the Top20... I'm also not very confident with the hype made around #Elrond, but that will be for another topic! 😎
(Do your own research)
▫️It is always important to know where you are going to invest your money before taking any position, so you will be able to adapt your strategy accordingly.
▫️#Cardano is one of those "speculative crypto" that increase their token prices with the need of a hype, created by marketers with aggressive marketing, breaking news announcements, special events, paying articles, bonus to influencers, etc. We know the results with huge pumps in bubble pricing structures, followed most of times by strong and vertical speculative collapses, before seeing prices stabilizing for months. Unfortunately, the last to enter in the peak of the price, will be those who will end up with heavy bags, and for long time before they can get rid of them. (we all had this kind of bad experience, which looks quite like a Ponzi scheme!)
▫️On the contrary, a non-speculative crypto will increase its price mainly due to fundamentals based on its own project with advanced developments, and which may be fully operational (SOL, DOT, ALGO, LINK). These token prices may take a bit longer to rise, but their price structure will be shaped much firmly with clean steps in order to go higher and long term. IMHO, these are the crypto projects that have a Real Future and will still be there in few years, while the others will have disappeared.
▫️In the Top CMC (except Doge and ShibaInu without any utility) there are some similar cases ... #Ripple that since 2017 has made hundreds of announcements of new partnerships with banks... Roger Ver and his #Bcash who was in the Top5 before falling into the Top20... I'm also not very confident with the hype made around #Elrond, but that will be for another topic! 😎