investing in BAT?

2019年8月24日

Last week i installed the Brave Browser and i need to say ... wow, interesting. Getting rewards for your attention. its direct, it's clear and simple. the idea is based on BAT and BAT is based on Ethereum.

but why [not] crypto...
The Brave Browsers reward system is based on BAT. You surf the net, visiting sites, watch ads and so on. And what i really like is the fact that you earn BAT when you do exactly this, what we do every day. surfing the web. So, somehow it's a kind of dividend, payed to you monthly and you can use them later [not yet, but its planned] for something else. Or you simply collect BAT.

So i checked the BAT Cryptocurrency. Normally i'm only looking for Companies / Stocks which are in some kind of trend correction and especially arriving the 78.6 / 86 Fibonacci area AND most important form pattern which work as a possible reversal.

Because BAT is new somehow, i want to see some longer timeframe, the only source was the BATUSD chart calculated by Trading View. And what i saw on weekly BATUSD was interesting. Last week it formed a nice reversal at exactly 78.6% and it left the downtrend in April by forming a new higher high. And it stopped a the long term trendline.

For me an interesting idea and if i use the good old Fibonacci rules a possible investment.