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HONG KONG, April 25th, 2018 – Few cryptocurrency investors have the courage of their convictions to comment on the current – and future – state of the crypto market, however, Mr. Hasan Turgut is not one to back away from a challenge. The Fixy Network CEO, who during the past year netted an impressive fund through his various cryptocurrency investments and trading strategies, recently spoke of the future of Bitcoin, as well as his picks on the top alt coins to look out for in 2018 and 2019.
“Bitcoin’s correction hardly took seasoned investors by surprise. The influx of new investors in the market – and particularly those looking to make easy money through crypto – is what lead to an unprecedented buying frenzy that inevitably came to a halt. Despite Bitcoin’s price decreasing from $20,000 in 2017 to around $6,000 in early 2018, it is expected that it will once again climb to approximately $12750 by June, and to $38500 by the end of this year. It is also believed that ETH will hit $1750 at November this year, too” said Mr. Turgut.
“There are many factors influencing this expected price hike. Firstly, institutional investors’ capital, which is soon to flow into Bitcoin and cryptocurrency markets, will help expedite operations scaling, as well as the mass application of trailblazing technology that will vastly improve all aspects related to Distributed Ledger Technology (DLT) – including decentralization, scalability and security.”
“Secondly, while many assumed that Bitcoin’s price will follow a downward trend post the CME futures launch in December 2017, they failed to take into account that digital currency, and, of course, Bitcoin, have the potential to disrupt the worldwide economy as a whole – that is to say that their ease of use, decentralized nature, and many applications will attract considerable capital, which, in turn, will strengthen their viability and boost their mass adoption.”
Discussing alt coins, Mr. Turgut was quick to note that “It’s all about the technology: the stronger the project, the more disruptive the concept behind it, in terms of technological innovation. Currently, the best alt coins for long-term hodling – as we like to say among crypto circles – are NEO, NEBL, WAN, ICX, EOS, IOTA, OMG and LSK, while the Raiden Network technology shows great potential as the ultimate scaling tool for the Ethereum blockchain.”
Speaking of emerging coins, Mr. Turgut expanded on his current project, saying “I am very proud of our work on the Fixy Network, which promises to make cryptocurrency trading easy and accessible to all. The Network will have a dual nature, as it will feature a decentralized marketplace and a decentralized OTC exchange, bringing consumers and companies together in a seamlessly operating ecosystem powered by the Fixy (FXY) token. We are currently in our Pre-ICO phase, which will soon be followed by a two-level ICO, and we are looking forward to share our game-changing project with all those who believe in the future of the economy – which is one that is writ in crypto.”
The Fixy Network crowd sale will be held as follows: Pre-ICO: May 1st – May 9th, 2018
ICO Level 1: 16 May – 23 May, 2018
ICO Level 2: May 25 – May 31, 2018.
The English version of The Fixy Network whitepaper can be read here.
To learn more about Fixy, please visit: www.fixyapp.io