They say buy low, sell high, thats the magical mantra to make profits by trading.
That's why with the hope of making some profits I have invested some small amount in LUN.
I bought at 0.0004175 BTC
I'm hoping to make a profit of around 15% from this trade, so my sell order is set at around 0.0004800 BTC
I think this might be a successful trade as the price is taking off after hitting its latest bottom.
Investment into crypto is always risky and have burned me a lot in the past, thats why on this specific trade I'm willing to risk as much as 5% so my stop-loss is set at around 0.0004 BTC
If the price hits off and puts me on a profit level, I plan to lock it by changing my stop-loss. Also I plan to HODL this trade for a week.
What do you think of this investment plan, if you got any suggestion or advice for me, feel free to drop by a comment, also let me know which coins are you trading today, and especially if you are also trading LUN.
Thanks for sharing, not heard of that project before. It's always risky going into the small cap crypto as it's difficult to know how liquid the market is and it's very easy for others to manipulate.
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Hi @ero-sensei
Welcome to back
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Trade status: trade closed due to stop-loss (i have a 5% loss from this trade)
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I'm not familiar with LUN, however, like with any coin or token, there is much volatility and change can be quick and sudden. So perhaps a week would be too long to hold? But i guess if you are looking for long term then HODLing is best.
I'm staking TPay & eFin, and excited for the eFin DEX to open up in 10 days. For HODLing...I'm doing Zcash & btc. My wish coins are Tpay (tokenpay), BAT, BNB & Ravencoin.
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