Welcome to Blockman Capital Analysis.
Today we’re going to have a look at one of the coins we haven’t previously spoken about, which is litecoin, now litecoin is in the top 10
by market capitalisation of crypto currencies.
What we can see here is it’s a fairly static market overall.
So anybody trading within the top 10 of crypto currencies is going to have a broad outcome really, depending on where they’ve got their
assets and where they’ve got their investments.
So here we’re looking at litecoin, this is over the last five working days or we can see overall the prices, if anything, just a little bit
lower than where we started.
And if we also compare then, let’s say to Stella, which is another one of the top 10 by market capitalisation, we can
see something fairly similar, sort of around about 3 percent, minus 2 percent so 3 percent up for Stella and down 2 percent for
Litecoin. But then if we also take that a little bit further and let’s say we look at bitcoin cash, another one of the top 10 by
market capitalisation, well, we can see very clearly that it has a slightly different outcome here.
So up about 16 percent.
So any fund that is has got a broad portfolio or broad view of the markets is going to have a relatively static
return. But overall, if you can pick out some of these winning positions, such as Bitcoin cash, then it’s been a very good run.
Certainly here at Blockman Capital, that’s what we look to capitalise on.
And yet there are coins out there that are offering great returns at the moment.
But obviously balance with the fact that we, you know, if litecoin or Stellar does decide to start having a bit of a run to the upside, we
obviously want to take advantage of that as well.
Thanks very much.