What do you tell people when they ask you in such moments?

23 Mac 2021

What do you tell people when they ask you in such moments?

A market that has already done a solid 20x in 6 weeks.

And they keep on asking you about such coins in such moments, again and again.

What to answer? What is a good advice? Thanks.

23 Mac 2021

Nota

Past:

23 Mac 2021

Nota

Zoom: not 4 hours but 5 minute candles

23 Mac 2021

Nota

No, this is NOT a good idea. Full Stop.

But IF they insist to do gambling instead of trading ... this could be one strategy we could recommend - right?

23 Mac 2021

Nota

How clever is it really, to buy in this moment? I am still sceptical.

23 Mac 2021

Nota

Two chances to get out alive with reasonable probability, having made a whopping +14% in only 4 hours. not bad.

23 Mac 2021

Nota

Later: Yes, it turned out eventually that even one more pump happened afterwards ... but how sure can you be about that before it actually happens?

23 Mac 2021

Nota

... how sure can you be about that ... before it actually happens, and for coins that have done 20x already, when they discover them, and are getting all excited, and want to BUY them?

Yes, really, not sell - but buy, they ask you whether to buy such coins.

What would be your recommendation? Thanks.

23 Mac 2021

Nota

P.S.: Yes, with non-zero probability, DENTBTC might actually rise even more, after this moment, but that is not really the point here.

Or is it?

It's definitely not my style, and if only because I want to be able to go to sleep after having bought coins; and this setup would force me to watch the screen for hours and hours, babysitting my position. Not what I want.

However, that's only me. Actually, I am a bit puzzled because I am seemingly not able to make myself understood, so I am asking around - what would be your recommendation, when you are asked such a question in such a moment?

Thanks a lot!