I’m currently in one of my biggest trades of the year with Ethereum Classic. This market showed an accelerated bull trend likely because it leverages the Ethereum brand.
There are three main reasons that enticed me to trade ETC early in the game. During initial price discovery there’s not much TA to go on so I needed to rely more on fundamentals.
- #1 Liquidity: Markets that show consistent high volume often lead to a real bull trend. ETC trading volume has surpassed ETH for a solid week.
- #2 Smaller Marketcap: Its smaller market cap indicated that it had more % upside potential than ETH.
- #3 Value proposition: ETC has a strong story revolved around being the original immutable blockchain.
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Rocky
Rocky is a cryptocurrency analyst, strategic consultant, educator, position trader and investor. He started his journey learning about Bitcoin in 2013, became obsessed with it and dropped everything to work full-time in the space since 2015.
Latest posts by Rocky (see all)
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