Community trading experiment #1
This is the first community driven trade episode.
Funds
TOTAL: 0.378
Conversions
I wanted to create a greater impact and long term growth for this experiment so I will be constantly coming back to chart, post and trade. I added some funds to increase the trading amount so I changed
4.320 SBD (To be exact it was 4.32017572 ) for #BTC at a rate of 0.00013350 satoshis. I then bought 1400 #DOGE at a rate of 0.00000039 satoshis.
Trading plan
Given I bought #DOGE at 39 satoshis which is currently below the monthly support level of 42 which was already tested and rejected, I expect #DOGE to get above that level and test the weekly 48 satoshis level and if it managed to pass through it sell near the 56 and 59 zone (which were daily highs).
In case you missed the previous set of posts and the series idea
I will start adding all the funds from this post and analysis charts to the following 2 funds:
- A trading fund of 75% of the post rewards which will be invested accordingly to your choice
- A reward fund of 25% of the post rewards that will be given to the steemians who suggested the trading option
How can you participate
- First suggest which alt-coin to be analyzed in this post
- Vote on the chart, survey to select the weekly alt-coin to trade and then
Reward
- The reward(25% of post rewards will compose the reward fund + the profit that was obtained from the trading plan ) will be equally split within the steemians that suggested certain alt-coin and was properly traded accordingly to the trading plan.
- If the trading plan failed the reward will not be split.
Episode 1 participants
There were not participants that followed all the rules.
Suggested altcoins to analyze:
Voted the d.poll:
Thank you for participating and hopefully you will engage in the next episode.
@raserrano - Developer
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Grest analysis! Keep up the great work @raserrano.
Posted using Partiko Android
Can't wait to see if it works properly and if profit can be made
Posted using Partiko Android
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