Sold LTC at a 0.00031454 sat loss (approx -$12)
Bought Nexus NXS based on
- low market cap
- hype slowly building up
- upcoming NXS 'meeting' in Sep 21-23. The meeting is pretty much a promotion of the coin.
If it rises up I will sell whatever I have to break even plus a % more, and the rest...
ask someone during the tulip craze how much they would be worth
ask someone during the gold rush
ask someone during the dotcom boom
we really don't know. its either gonna be yuge or gone
plus we'd all be dead unless cryocoin becomes a big one (shotgun)
Interesting concept. Their first centre won't open until 2018 though. I'll keep an eye on it.
They are seeking 100M tokens at $1 each until 2021, making a market cap of $100M. The biggest similar coin (not model) is PotCoin at $27M. (I can only base comparison to existing cryptos as IRL there...
Just Bought
- LSK 57.07762557 tokens at $8.50485437 ea (AUD). I will sell these just prior to rebrand announcement? or product release later this year? (I am thinking product release will make more sense, as I don't believe prices will rise directly after a software launch but it would build up...
Most definitely agreed and it's more or less what I do for when I do research for my other portfolio. It's surprising how many people don't read the whitepapers.
Reasoning
I've been lurking on facebook, forums, telegram, slack.. and so many people are coming in and buying on hype and then seeing coins dip after major events. I wanted to start my own ICO but cbf, so I will be doing a trading strategy based on hype only
Strategy summary
- Look for hyped...
the general consensus is to wait 1-2 weeks for BTC to drop, then buy some coins. If you're aiming for big bucks does it matter if localbitcoins is taking cream on top for your initial transaction? It might set you back a few weeks in your journey but long term you'll be laughing. My thoughts anyway.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.