Good strategy for the most part. I would say don't buy burstcoin in the first place. Speculate around useful projects, don't promote those who are not brining utility over simply BTC.
Good strategy for the most part. I would say don't buy burstcoin in the first place. Speculate around useful projects, don't promote those who are not brining utility over simply BTC.
To be honest, have a look at BURTS historical charts. See the peaks and see the dips? Thats how I set Thirds Rule with enough wiggle room. Not going ALL in, but riding the wave as it WILL go up and down. If you end up holding just 1\3rd of that wave at the very end...YOU should of profitted from the 2\3rds and all that time will prove if BURST is a useful project worth promoting.
You can talk about trading techniques all you want but all you are doing is promoting a project with flawed fundamentals because you happen to hold some of its coins. Check out my essay on why projects like burst are dangerous:
https://steemit.com/cryptocurrency/@kyle.anderson/burst-my-bubble-an-opinion-on-the-dangerous-influx-of-altcoin-posts
BURST now 104 satoshis from 60satoshis. Buy in Thirds and Sell in Thirds. $30.00 is not much I realize. It's the strategy to be able to demonstrate minimal loss. I am happy to look at any specific crypto-currency of your choice.
Kind regards,
Frank
Who cares, I don't choose to trade scams. See my post above.