Hello traders and investors.
first of all, based on the technical analysis we could open a short position.
but as you may know, we can't rely on technical analysis for such new materials in terms of lack of data.
unfortunately, ICP doesn't have good fundamentals too but why?
there are multiple reasons and Ill make an article about it in near future.
for now, let me say briefly.
I've been following the news about internet computer since last year and I was so excited about the public release but as soon as it got available in exchange I got shocked and I can say I cancelled All my plans to buy it, how the hell it could be in top10 market cap?
in public seed sale in 2017 ICP price was 3.5 cent, in 2018 first public seed sale price was 67 cent and in 2018 second public seed sale it was 4.5$, so there is not much more to say about that.
the other thing that doesn't sound legit is all their 88 nodes run by them, I cant call it decentralized.
let me know what you think about ICP in the comments
It is not a piece of financial advice, Always do your own researches.
first of all, based on the technical analysis we could open a short position.
but as you may know, we can't rely on technical analysis for such new materials in terms of lack of data.
unfortunately, ICP doesn't have good fundamentals too but why?
there are multiple reasons and Ill make an article about it in near future.
for now, let me say briefly.
I've been following the news about internet computer since last year and I was so excited about the public release but as soon as it got available in exchange I got shocked and I can say I cancelled All my plans to buy it, how the hell it could be in top10 market cap?
in public seed sale in 2017 ICP price was 3.5 cent, in 2018 first public seed sale price was 67 cent and in 2018 second public seed sale it was 4.5$, so there is not much more to say about that.
the other thing that doesn't sound legit is all their 88 nodes run by them, I cant call it decentralized.
let me know what you think about ICP in the comments
It is not a piece of financial advice, Always do your own researches.
