Viberate ( VIBBTC ) is looking pretty good and I’ve been waiting on this one.
Look at the chart above, you can see VIBBTC currently trading above EMA50 and forming an ascending triangle … This setup can easily lead to a huge increase in price…
Here is our trade signal for this pair.
Trade: Viberate ( VIBBTC )
BUY: 0.00000200 – 0.00000220
PROFITS POTENTIAL: 81%
(Buy calculated at 0.00000215)
STOP: Close daily below 0.00000175.
About Viberate (VIB)
Viberate is the first decentralised platform in the music world. Created by Slovenian team in order to connect musicians with event organizers from all over the world, the platform helps any artist to register his own profile or to claim others. Viberate’s recent ICO became one the most successful token sales to date. It was intended to sell 120 million of Vibe tokens during one month of ICO. However, the crowdsale raised more than 10 million dollars under 5 minutes, hitting their $12 million hard cap. To make the whole process easier for new traders investors, they integrated the VIB cryptocurrency into Changelly, a service where one can purchase them using a credit card.
Taken very seriously, the project has already attracted a lot of interest from the music industry including being in major crypto-exchanges like Binance and Bittrex. There are plans to generate a mass VIB token adoption.
If you are new to crypto trading, it’s always advisable to learn about, what is Viberate, it’s benefits and indicative return on investment.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.