I am making a gamble on Edgeware
Hi folks!
Long time no see, as the market has been largely untradeable in my view!
Now, I still think the market is in a chop,
but it might be tempting to bet some small funds on a bounce these days due to the really fearful sentiment and the very low liquidity in the markets.
In that sense, I have researched some potential candidates for long-shot bets, and I believe that the Edgeware project is extremely undervalued
from a fundamental standpoint - at least measured in multiples to the crypto market.
(Due to its potential both as a general purpose DAO and smart contract platform, its really decentralized community and the fact that it`s built on substrate)
In addition, the technicals look really good (Massive bullish divergence, very low liquidity on the downward move, two consecutive buy signals).
I am making a punt here, and I just thought I`d share it!
DYOR.
NFA.
Never take the word of others as a given, and never take advise from someone without skin in the game.
I wish you all well :)
Long time no see, as the market has been largely untradeable in my view!
Now, I still think the market is in a chop,
but it might be tempting to bet some small funds on a bounce these days due to the really fearful sentiment and the very low liquidity in the markets.
In that sense, I have researched some potential candidates for long-shot bets, and I believe that the Edgeware project is extremely undervalued
from a fundamental standpoint - at least measured in multiples to the crypto market.
(Due to its potential both as a general purpose DAO and smart contract platform, its really decentralized community and the fact that it`s built on substrate)
In addition, the technicals look really good (Massive bullish divergence, very low liquidity on the downward move, two consecutive buy signals).
I am making a punt here, and I just thought I`d share it!
DYOR.
NFA.
Never take the word of others as a given, and never take advise from someone without skin in the game.
I wish you all well :)
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