Telluria (TELA)

Telluria – Austrian quality, German reliability 95% READY PRODUCT.

Review Score
3.33/5
ICO Price
0.043265 USD
0.00019230769 ETH
Pre ICO Price
0.043265 USD
0.00019230769 ETH
Soft Cap
N/A
Hard Cap
150.000.000 TELA
Start Date
7 May 2018
End Date
2 July 2018

What is Telluria?

Analysis of current tendencies

Over the course of a few years, the cryptoasset market developed rapidly. The market capitalization surpassed $830B, a massive quantity of new traders entered the market, the amount of cryptocurrency funds increased significantly.

However, at the start of 2018, the rapid growth came to a stall, and was replaced by a prolonged correction. By the end of the first quarter, market capitalization dropped below $300B. Many traders and funds suffered through huge losses. According to data gathered by Eurekahedge, the profitability of cryptofunds dropped from 1708.5% in 2017 to -56.67% during the first three months of 2018. According to Bloomberg, at least 9 cryptofunds closed their doors in 2018.

Despite this, there are market participants that have managed to demonstrate positive profitability even under such challenging conditions. Stemming from the market drop, the strategy of long term investments in base cryptoassets (BTC and ETH), stopped working. Nonetheless, the cryptomarket still retains its high volatility, and it is exactly that, which is the source of impressive profit.

The key to success lays within the formulation of a well thought out strategy, one which assumes regular trading operations and the monitoring of various asset prices. Another instrument which allows for drawing profits in volatile market conditions is marginal trading.

This results in a significant growth behind the importance of cryptocurrency exchanges, due to only them allowing for profitable trade operations to be made. The entire market is dependent on the effectiveness and stability of exchanges.

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Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.