Not many NEO posts here. Works pretty much the same for all promising cat. A alts (cat. A being the top 10 or top 25), ETH NEO are the ones I can think of first. If you are looking at coins prices around a few dollars or less, watch out they are the noob coins (XRP TRX) and might be overpriced! Not saying ADA XLM are bad, not even Tron, but the dumb money has inflated their price so much (TRX XRP), never really know when they're overpriced or not.
This has the very approximate levels I'm looking at on NEO should Bitcoin fall to 6k or below (the possibility is here). Thanks to Bitcoin we can get it cheap, same with ETH and LTC. I do not really know if LTC has a bright future, but in the short term you can be looking at very high returns.
I personally like NEO, my first crypto buy at 35$ 2 months ago and it went up to 80+ in a few days. Plus it's awesome it works it's an actual product that is being used, just like ETH, an it provides bigger results in the long term, if you are looking at short term gains, no problem NEO ALSO provides better results in the short term. I'll be buying some (some!) at all my green levels. It's not going to fall to 10$ or I'll be very worried tbh. If by miracle I get an even bigger discount on it than 90 or 60$, hurray!
I'll zoom in when we get there. If Bitcoin doesn't fall, I'll have spent 5 minutes grossly drawing boxes big deal.
Friendly reminded to not go all in and have a risk management plan. If you go all in with no stop loss you are an idiot, and in that case then it's not really an issue since your money is better placed in someone's else hands.
Komen
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Title: best case scenario. Dreaming a bit here... But if this happens I sure as hell won't miss it!
Komen
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I'm not holding NEO sadly, if Bitcoin brings it down I will buy. Or if I get any other signal to buy like BTC downtrend gets broke and the end of the correction gets confirmed, if NEO didn't go +90% meanwhile already. I am holding onto ETH for the short-medium term (next few days) and I'm keeping cash to trade Bitcoin waves.
Komen
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Might be a good idea to buy a couple now...
Komen
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A possibility NEO drops as its getting closer to its trendline. We also are seeing a head and shoulders, but that's no big deal there's ALWAYS a H&S in crypto anyway so... If we lose the trendline and close below I'll post a new idea.
Komen
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A bonus... Enjoy :)
Komen
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Going to go day trade NEO...
Following this guy's idea:
Komen
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Bitcoin not even at 6k and NEO got into the highest buy zone... It went to the inverse H&S target. Wasn't able to buy any as I haven't quit my job yet. I'm too scared crypto stops being volatile and stock market huge crash so just forex oil gold is left they're bad I don't like. :'(
15% bounce, but I wouldn't say it's over for NEO, could keep going lower.
Komen
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Fast forward 2 months. I now think Bitcoin can collapse entirely and violently collapse the price of crypto projects, even the few good ones. :)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))
How OMG reacts might show us how NEO will react. OMG already dropping from line. But NEO better project better ROI. If OMG gets close to 10$ it's an opportunity. I'll probably just miss out on OMG again :(
I think coins might all move the same as the other coins in the same tier apart from the top ones, or at least sometimes.Not rly sure about that just a theory.
BTC tier: BTC
Tier 2: ETH LTC BCH
Tier 3: OMG NEO only
Tier where the fk do I put these: Monero Zcach ETC etc
Tier alts: Lisk DGB NXT etc
Tier shitcoins: Below 100 million market cap
Tier less than shitcoin: Ripple :}
And then tiers are divised depending on type of product it is...
bought first neo at 7dollar,i never want it to sell,but sold at the top
waiting for 50usd buyin back,i love generating gas