Another Red Day for Coins

in #cryptocurrency7 years ago (edited)

Screenshot from 2017-07-07 10-58-44.png

It was inevitable we all knew it was coming. If your not new to the crypto currency game than this should be of no surprise to you. Most of the coins on coinmarketcap.com are showing in the red . This is a great time to buy , but dont buy as soon as it goes red .One thing to look out for is to see what the floor of this down trend is . For example an Alt Coin I always follow is Verge XVG . After studying its chart i have determined that it has a floor of about 110 -115 Satoshi . This is when i Buy about half a bitcoin worth of XVG . I then give it anywhere from a couple days to a week and wait on the upterm trend to Continue and sell at the first sign of a down trend . I have done this about 4 times and usually end up with about 0.1 - 0.2 btc profit . This is NOT financial i advice i do not recommend you do this and if so do it at your own discretion. I am simply showing you how i do some trading .

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Thank you, excellent recommendation! :)

I bought XVG today at 95 Satoshi. I guess it was from a panic seller.

really how did you get it so cheap? its currently selling at 140 . i like this coin because its really volatile. It has huge spikes that allows me to profit from .

I suspected the guy was dumping it. XVG is a good coin from my research. Good profit for sure

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