DISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 4 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future. The next 6 posts will be about cryptocurrencies/tokens related to Blockchain Projects and DEFI APPS (DAPPS).
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Litecoin:
Projected ROI on Log Scale: 1200% or more
Projected Price Target: 1688
Maximum Drawdown on Log Scale: 100 to 200%
Risk/Reward: 16X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Grayscale LTC Trust Returns will be pretty amazing. See this chart:
Fundamentals of Price Movement:
Number of addresses holding Litecoin is at its all-time high.
Litecoin + Ethereum + Bitcoin is the holy trinity. In all future crypto mass payment apps, the holy trinity will always survive.
Instituitional investor's interest in cryptos is at its peak.
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle. See the chart below:
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