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RE: ByteCoin (BCN/USD) Target $0.0065 (441% Profit Potential); BCN/BTC Target 0.00000265 BTC (15.46X Profit Potential)
Thanks for your advice. Since I'm at my computer and since the price is consolidating I'm thinking of following the stop-loss route. I got in at $331. I'll be selling if it hit $342. If prices go nowhere before I sleep, I'll just close and get in Dash which is a coin I can't shut up about.
I think we are going to be at $400 or right around there in a hurry. That is excellent advice though @solisrex. You've made money on the leverage, and yes you can catch some more. But remember the practice profit taking in a way in which you will always be happy with your choices. You can do as he said, take your profits from the bigger gamble of leverage, and move into a traditional hold position to cash our the big gamble, and continue to profit with the extended upswing that's coming. I would hold leveraged positions at this point ONLY if I were going to watch it all the way up, and not go to bed, or take off for 4 hours somewhere. Just my opinion of course!
$400 does seem very likely. Gladly I took the stop-loss route and not only held but added to my position. Guess I'll be getting off the rocket around $390.
I don't know if the 1Day scale Triangle pattern will get triggered. If that happens I'll be so glad. For the time being I'm waiting for $390-ish level.