10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 7: BAND DISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 7 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
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 Band Protocol:
Projected ROI on Log Scale: 3000% or more
Projected Price Target: 182
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 30X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for Band Protocol is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out.
You only need to read this: marketsuncovered.medium.com
There is a direct correlation between the price movement of Chainlink and Band Protocol.
It's lead investors are Sequoia Capital, Binance Labs, and other renowned Venture Firms.
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:
Research Materials to Learn More:
www.realvision.com
bandprotocol.com
marketsuncovered.medium.com
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