This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
It is no secret that the recent volatility in the market has been extreme with Bitcoin and Ethereum prices in freefall. Market participants are suffering losses but also given the opportunity to invest at lower prices to gain if the market pulls up.
Cryptocurrency investor Brian Kelly, states on CCN “Referring back to the basic rule of investing, Kelly noted that during a period in which the market is extremely bullish and optimistic, it is better to sell and eye a timely opportunity to enter and when the market is overly pessimistic, it is wise to look for a position to enter.”
Bitcoin originally was supposed to offer an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank controlled fiat money. Market participants changed from geeks and believers in Blockchain to funds and investors looking to make profit with the uptrend volatile market. This led people to ignore the primary function of Bitcoin which was to efficiently transfer money over the internet with no control from central banks.
This is affecting the whole markets including the new ICOs and tokens. New ICOs and tokens are simply being invested in to sell once listed and gain whatever discount rate the ICO is offering. Most of the time these tokens are tied to the price volatility and movement of Bitcoin and Ethereum. INGOT Coin has been studying the market carefully in order to develop
