Hello everyone, I’ve received messages lately about what to do after taking profits so I decided to share my idea for the next step.
Fundomentals: Because Lisk haven’t change it’s intrinsic value from the last post, I will just direct you to my previous post if you want to review my fondamental analysis: tradingview.com/chart/LSKBTC/tidakUS8-Long-LSK/. However, we can see that Lisk start to get it’s well deserved attention and investors starts wondering if they have made the good choice with Stratis.
Technicals: I will start this time by discussing the entry. As you know, I’m a big fun of fibbonaci because of it’s excellent scores in investing. The best entry strategy (for me) is to start buying as much as you can (50% of your cap dedicated to lisk) at the price of ~0.00082104. Then you need to program a set of buys distributed in the range 0.00082103 – 0.00071909. Once you programmed this set, you just have to set Alerts in 0.00082104 and at 0.00071909.
Once you receive your alerts, you can then program your sells starting from 0.001483399 (10% capital). Then you need to distribute the sells so you will have sold 60% of you cap at 0.00160487 and all the remaining at 0.00177852.
Don’t panic.. Be wise, chill and see your profits growing. Good luck for all
Thank you for this beautiful update, you are highly detailed to help a beginner understand how to trade. Some traders just publish charts that a beginner finds it difficult to learn and understand. You are simply the best and I recommended you to my friends to follow you on Trading View. Please how do I set alerts "Once you programmed this set, you just have to set Alerts in 0.00082104 and at 0.00071909?" Is that possible on Poloniex?
sabirdeux
⋅
@seuncares, it's always a pleasure for me to help you :D For alerts: I don't think that Poloniex allows alerts however TV allows that: go to the chart, you will see an icon of a clock. By clicking on it, you can set an alert (but you are limited to the numbers of alert you may set). When Investing in stocks, I use the mobile app Investing but they haven't Poloniex and Bittrex as an exchange (they only have Kraken). I'll be very interested if you find an other mobile app that do that for Poloniex and so on...
seuncares
⋅
@sabirdeux, Have you tried coinigy.com I realized you could set alerts also but haven't explored all the functionality.
sabirdeux
⋅
@seuncares, nice platform but it's not free unfortunately.
norabs
⋅
@sabirdeux,
Hi I wanted to thank you as well the detailed description are really helpfull indeed! I my self use the app blockfolio and to keep track of my crypto's and with in the app you can set alerts for poloniex and Bittrex. I recommend checking it out!