Iota to enter a new paradigm
There is limited data as Iota was primarily traded over the counter before being added to the first major exchange Bitfinex. Fundamentally everything seems to be on track but it won't be discussed in depth as is mostly about technicals and psychology. I will say that BOSCH opening saying they invested into the IOTA tokens itself is huge.
A correction has taken place and looks to be almost complete. If that is true, we could begin either wave 3 or C. It doesn't really matter too much which and it's impossible to tell without hindsight. Trading wise it's the same thing. A long here or at support will be rewarding.
The sheeps have heard of Iota, and most have dismissed it. There has been no fomo (fear of missing out)/ euphoric type talks about Iota taking over Bitcoin. This psychology of the mass is similar to Ethereum a few years ago. Most are skeptical of the claims and are waiting for more development and confirmation before putting larger money. The notion is to buy the potential and sell the product. Once Iota does do what it claims, the sheeps will be buying and the smart investors/traders should be selling.
A correction has taken place and looks to be almost complete. If that is true, we could begin either wave 3 or C. It doesn't really matter too much which and it's impossible to tell without hindsight. Trading wise it's the same thing. A long here or at support will be rewarding.
The sheeps have heard of Iota, and most have dismissed it. There has been no fomo (fear of missing out)/ euphoric type talks about Iota taking over Bitcoin. This psychology of the mass is similar to Ethereum a few years ago. Most are skeptical of the claims and are waiting for more development and confirmation before putting larger money. The notion is to buy the potential and sell the product. Once Iota does do what it claims, the sheeps will be buying and the smart investors/traders should be selling.
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