Following my earlier analysis of Crypto.com's CRO against USD (https://www.youtube.com/watch?v=pT3gdCzDmII&t=2s), this video analyses if trading some Bitcoin (BTC) for Crypto.com's CRO is appropriate at its present low price (400 satoshi).
Bitcoin is threatening to breach its all-time-high and is currently at it's highest price in three years. CRO, on the other hand, is almost the lowest it has ever been against the number one cryptocurrency.
Given the current fundamental changes happening behind the scenes of the CRO token, now could be a fantastic time to secure more CRO by taking some profits on Bitcoin (BTC) for a CRO catch-up trade. This is especially the case if you believe that crypto.com as a project will continue to be successful, in the long-term.
However, I do not think the bottom is yet in for Crypto.com's CRO with Bitcoin (BTC) still looking healthy and the technicals still looking bearish (in the short-term), we are approaching the bottom, but not yet at it (I believe this to be around 250 - 300 satoshi - maximum).
Time will tell whether 100,000 CRO will ever be worth more than 1 BTC again, but I am confident that, when the dust settles, anyone buying Crypto.com's CRO down here, will make a considerable profit either from Bitcoin weakness or when (and, in my book, it is when - not if) CRO turns bullish.
Thanks to themelc for the suggestion to record this analysis video!
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Earn yourself $25 FREE by signing up to Crypto.com and staking CRO for a Crypto debit card. ( I'll also get $25 free which helps support me to continue making more videos!): https://crypto.com/app/vzwwhevwgv
Buy my book 'Crypto Profit' it's your expert guide to financial freedom through cryptocurrency investing: https://tinyurl.com/yydl28ud
Check out my Social Media:
Facebook: https://www.facebook.com/thecryptoprof
Website: https://www.thecryptoprof.com/
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Hi. I'm Peter Bryant – the Crypto Professor. No, unfortunately, I am not yet a 'real' professor (but my Master's in Psychology is excellent for trading!). I do have 'real world' experience in helping investors with their crypto.
My experiences at an alternative investment firm convinced me that anyone can be profitable with crypto. This channel exists to teach you to profit & avoid the many pitfalls. Whether you're a speculator, blockchain enthusiast or developer, I hope to provide frequent inspiration, critical analysis, & a healthy dose of critical thinking to the newest, hottest & most profitable asset class ever.
If you prefer the more popular coins such as Bitcoin (BTC), Ethereum (ETH) or Ripple (XRP), great! However, there are a lot of tokens that I am very excited about, such as Syscoin (SYS), Dragonchain (DRGN) or Crypto.com chain (CRO). Watch my weekly in-depth analysis into different crypto called 'InCrypto InDepth' for updates on the next likely crypto profit opportunity!
Bitcoin is threatening to breach its all-time-high and is currently at it's highest price in three years. CRO, on the other hand, is almost the lowest it has ever been against the number one cryptocurrency.
Given the current fundamental changes happening behind the scenes of the CRO token, now could be a fantastic time to secure more CRO by taking some profits on Bitcoin (BTC) for a CRO catch-up trade. This is especially the case if you believe that crypto.com as a project will continue to be successful, in the long-term.
However, I do not think the bottom is yet in for Crypto.com's CRO with Bitcoin (BTC) still looking healthy and the technicals still looking bearish (in the short-term), we are approaching the bottom, but not yet at it (I believe this to be around 250 - 300 satoshi - maximum).
Time will tell whether 100,000 CRO will ever be worth more than 1 BTC again, but I am confident that, when the dust settles, anyone buying Crypto.com's CRO down here, will make a considerable profit either from Bitcoin weakness or when (and, in my book, it is when - not if) CRO turns bullish.
Thanks to themelc for the suggestion to record this analysis video!
========================================
Earn yourself $25 FREE by signing up to Crypto.com and staking CRO for a Crypto debit card. ( I'll also get $25 free which helps support me to continue making more videos!): https://crypto.com/app/vzwwhevwgv
Buy my book 'Crypto Profit' it's your expert guide to financial freedom through cryptocurrency investing: https://tinyurl.com/yydl28ud
Check out my Social Media:
Facebook: https://www.facebook.com/thecryptoprof
Website: https://www.thecryptoprof.com/
========================================
Hi. I'm Peter Bryant – the Crypto Professor. No, unfortunately, I am not yet a 'real' professor (but my Master's in Psychology is excellent for trading!). I do have 'real world' experience in helping investors with their crypto.
My experiences at an alternative investment firm convinced me that anyone can be profitable with crypto. This channel exists to teach you to profit & avoid the many pitfalls. Whether you're a speculator, blockchain enthusiast or developer, I hope to provide frequent inspiration, critical analysis, & a healthy dose of critical thinking to the newest, hottest & most profitable asset class ever.
If you prefer the more popular coins such as Bitcoin (BTC), Ethereum (ETH) or Ripple (XRP), great! However, there are a lot of tokens that I am very excited about, such as Syscoin (SYS), Dragonchain (DRGN) or Crypto.com chain (CRO). Watch my weekly in-depth analysis into different crypto called 'InCrypto InDepth' for updates on the next likely crypto profit opportunity!
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