paint-brush
Trading Altcoin Hype Cycles [A Deep Dive]by@rektcapital
1,170 reads
1,170 reads

Trading Altcoin Hype Cycles [A Deep Dive]

by Rekt Capital7mJune 17th, 2020
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

An announcement of a new project could have a big impact on the value of an Altcoin project. Hype is the result of an announcement or a block release that could be a big deal. Buyers are often early to the party and accumulate in anticipation of a big increase in the price of the coin. This is when the “buy the news” has reached its peak and the market begins to falter because of the ‘hype’ and ‘fear of missing out’.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Trading Altcoin Hype Cycles [A Deep Dive]
Rekt Capital HackerNoon profile picture
Rekt Capital

Rekt Capital

@rektcapital

Cryptocurrency trader. Author of the Rekt Capital Newsletter

Learn More
LEARN MORE ABOUT @REKTCAPITAL'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Rekt Capital HackerNoon profile picture
Rekt Capital@rektcapital
Cryptocurrency trader. Author of the Rekt Capital Newsletter

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
Also published here
Bitcointalk
Co
Learnrepo
Coffee-web