Therefore QASH has been added to my portfolio!
QASH might be a new product, but its created by Quoine, which is a leading Fintech company (Started in 2014!!). Making this a solid bet and available for long term hodling.
Quoine now boast 3 different platforms:
- QUOINEX | One of the largest Crypto-Fiat exchanges in the world with over USD 12B annual transactions, and fully regulated in Japan.
- QRYPTOS | Crypto-only exchange. QUOINE will open up the platform for all token issuers as an automated self-serving platform to list and trade their tokens.
- LIQUID-QASH | We are now building a global liquidity platform for all crypto investors, token issuers and a new generation of financial services customers.
"We envision QASH to be the preferred payment token for financial services, like the Bitcoin for financial services. As more financial institutions, fintech startups and partners adopt QASH as a method of payment, the utility of QASH will scale, fueling the Fintech revolution."
More information about Quoine can be found at website.
And QASH at the LIQUID website.
Quoine has offices in Japan, Singapore and Vietnam. They where also the first global cryptocurrency firm to be officially licensed by the Japan Financial Services Agency.
There is a strong team behind, and its also funded by a solid group of investment firms.
Now, if you look at their roadmap, Quoine-Liquid (Qash platform) is set to launch in Q2 of 2018.
In cryptotime, that's a really long time. However, I think QASH is undervalued, and if I have to, I aint afraid to hold QASH for long term.
QASH can be found on Bitfinex, Houbi, Qryptos (Quoine's own exchange) and Gate.io!
Bitfinex is set to open up registrations again before 15 January.
There is a lot of new money (and speculation money) that is looking for a home. Right now that aint that easy, so I expect surges in Finex coins this week.
Sadly though, Bitfinex recently added a bunch of new coins, which can end up dividing the money that hits the exchange.
It would not surprise me to see QASH added on either Binance or Bittrex though, so we got that element as well :)
I can also add that it's not far above ICO price, and it was an oversubscribed ICO!
Relatively new chart again, not that much to go on when we are looking for a target.
Right now my 4.618 extension fib is at 7.61 USD so for now that would be the target until new fibs can be established. Though I would like to hold on for something around 10 USD as I believe QASH has very high potenial.
We got some more clear levels around the price area that we are in today though, and the should be reliable for resistance and support.
It's been 2 days since I bought QASH and told Koinworld about it. We have been buying between the 0.5 & 0.618 fibs. You can see the 0.618 has provided very clear support. Right now that level has been broken though and acting as resistance for the time being.
As last bullrun stopped exactly at the Median of , I would look at that for highs in the future as well.
I will keep updating along the way :)
It will be in my portfolio for some time, and in the short-term it will most likely follow the market, so no point in any TA update just yet.
I'll post one when it's more relevant :)
Target has been moved down as well. (5.2USD)
Holding on to this one though.
I'll get an update out later :)
Selling out the majority of my coins today, as I see signs for a sideways market until summer or so. Hodling on to Ripple, Bitcoin, Peerplays & Unikoin :)
I'm not that optimistic, but good luck to us both mate :)