3 ms·
Like any investment it requires careful analysis, personally I prefer to pay attention only to the 200-day simple-moving average. Granted in the past 200 days i
by ihsw 14y ago
Like any investment it requires careful analysis, personally I prefer to pay attention only to the 200-day simple-moving average. Granted in the past 200 days it has changed a lot, however recent interest in it indicates that it may continue going up. Past performance isn't an indicator of future performance but it's a decent gauge of trends.
Most news articles call it speculative because the people using it can afford to lose the USD value of the coins and there simply isn't enough mass adoption behind it to maintain its value (which would be true), so trade cautiously and ignore news about it.
If you must then re-allocate your investment in or out on a monthly basis.