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Internet Computer

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ICPUSD trade ideas

Internet Computer - Hype Explosion!!!This was a huge hype explosion that pulled a lot of people in and caused ICP to briefly reach the number 4 spot on Coin Market cap. CRAZY! Looking at the chart ICP is in a severe down trending channel. This pans out in one of two ways. Either it breaks the resistance line (Top white line) and starts moving back up. OR ICP continues to trend downwards until it reaches a place where the project and price are at equilibrium. Is it a promising project with a fantastic idea? Yes Is it still in the very very early stages? Yes I would probably attribute a 1% possibility that the project achieves its goals of essentially becoming the replacement of the internet. Very high risk to reward even at these prices. **This is not investment advice just my own thoughts and opinions**
COINBASE:ICPUSD
by Crypto_Lad
2
ICP STAY AWAY , DO NOT GET BURNED LIKE ME HEY ALL I recently posted and went long on this, but after watching the trading for several days. I should have done my due diligence further, and although I feel there is a long term value. From my expertise in financial planning, I can clearly see this has ben pumped. Two of my close friends have advised me to stay away as well and it makes sense. How can a coin come into the market with a valuation so high - this entrance has been well orchestrated and tokens are being dumped by owners and investors. Look at the volume and action, bots are at play. PLEASE BE CAREFUL DO GET BURNED LIKE ME. This will most likely settle around less than the $100 mark from where it will gain traction. THIS IS NOT FINANICAL ADVICE BUT JUST A WARNING.
COINBASE:ICPUSD
by Amo19922
8
Internet Computer (ICP) Have we found a Bottom? Can We hold $237I know Internet Computer (ICP) caught many of us off guard before and after the Coinbase release. I woke up this morning and It's already a top 10 cryptocurrency. Classic signs of a pump and dump. It seems like we've may of found bottom at $237 which would put ICP as of right now at an all time low. May not be a bad time to accumulate at these prices. Like everybody else I'm wondering if we still have more room to drop further down. I'm keeping a very close eye on Internet Computer we may have major upside back up to ICO release prices. According to Coinbase in a nutshell: "The Internet Computer is the world’s first blockchain computer that scales smart contract computation and data at web speed." This is suppose to facilitate and support the DeFi movement. Keep a close eye on ICP.
COINBASE:ICPUSDLong
by peacefuljustin
LONG ICP - Being manipulated by shorters. INTRINSIC VALUE Hey all Ive been watching this essentially since it came on listing. It has heavy bot trading which are pushing the price lower and shorting it at higher price, this is in combination of those that might be selling worried about a short loss. These are bots and they want your money! do not sell, its a horrible idea especially as this will increase drastically. This system overtakes any functionality of bitcoin or ether, essentially these technologies will need this in the future to continue to RUN! (mostly bitcoin but many other cryptos will benefit from the safety) Most importantly, our biggest data concern, Facebook, Twitter. THIS WILL FIX IT, bye bye to the days that our information is stolen and welcome to a new generation of computing. The coins can be used to gain voting rewards and decisions on the network (hence the power is in your control) - Remember a few hundred million got invested to build this. So its not simply just computer code, it has hardware and that took a significant amount of capital. Lastly i cant chart very well, but 320-330 is the last pit spot before final take off. So get in or don't, its up to you. I just feel that people have no clue what this means for us. And I wish someone told me when bitcoin was around. (PS I bought in higher but essentially I'm in the for the long term, rewards is where its at for me). Or i may need to sell them because developers may need my coins in order to generate their cycles for applications. I.e. they need my tokens to run their app haha It was listed on coin base, binance, Huobi and okex within a day. I feel that's usually a first. Good luck all!!!!!! :)
COINBASE:ICPUSD
by Amo19922
2