ECOS weekly analytics
Welcome to ECOS weekly news and analytics digest! ?
All the market is down, with BTC being down ~50% from the November ATH, making this the second deepest drawdown in this halving cycle.
The whole crypto market is following the trend as well:
▫️Uma and Dydx coins (ECOS ventures index) have been 27% down
▫️Pepr (ECOS ventures index) has been 17% down
▫️FTT (ECOS ventures index) has been 20% down
ECOS Expert opinion:
– If you haven’t yet sold your assets – then definitely to hold is the best strategy.
– If you want to start investing – then divide the amount you have to 4-5 parts and buy when there are significant market drops.
– Current situation in the market can be a good time to buy some hash power for BTC mining until the growth trend has started. But buy long-term mining contracts to mitigate the bearish trend risks.