As the cryptos were going into a death spiral Thursday night and Friday morning, a couple of them caught my eye as good buys. I don’t trade the stuff (although some people have emailed me, encouraging me to do so), but if I had an account, I think I would have bought Ethereum when it was down about 45% on Friday morning. It recovered decently already, and its pattern was far, far better than Bitcoin’s.
Looking at the bigger picture, you can see how encouraging the analog is.
Here’s an interesting thread on Quora about people predicting the price of Ethereum.
The other chart I thought was attractive was NavCoin, whose basing pattern is quite clean.
