Why I collect BAT rather than convert it

By MadMaxx | Psycho Crypto | 29 Jan 2020


If you've followed my posts for a while, you'd know that I recently started collecting Basic Attention Tokens, rather than selling them for BTC.

I previously used to sell them immediately for BTC, but having seen the error or my ways, I decided to start collecting them.

The question is why? Did I see the future?

Probably not. I don't have a crystal ball.

But I did a little research on BAT. I found out that it was never really meant to be traded on exchanges.(I will write a post on this later.)

So looking at fundamentals of Cryptocurrencies is a joke. Because there are basically no fundamentals.

I read the white paper, but I didn't find what I was looking for.

Eventually, I looked at its chart from the day it was launched on trading platforms. And I noticed something special.

BAT has been on an uptrend since the beginning!

Yes, there are dips and valleys in the overall, but the overall long term trend is up.

This is amazing, because the only other coin that hasn't been through a really severe dip and is up overall is BTC.

So I have calculated that there is a high probability BAT breaks off into new highs this year. This is just my thought though, and you shouldn't take it seriously.

But if I am correct, we'd be in for a heck of a ride.

Thanks for reading!

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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