Breaking News BTC-PIVX - Profit taking has begun, will there be a chance to stock up on Pivex soon?

in mainsteemmedia •  8 years ago 

If you're into PIVX, and like me are trading BTC for Altcoins. You might want to have a look at Pivex again today..... and my article from yesterday where I encourage a buy on Pivex as an encouraging long term hold:

https://steemit.com/mainsteemmedia/@beachbuminvestor/joining-in-the-panic-sell-maybe-you-should-consider-panic-selling-your-fiat-that-stuff-has-been-going-down-for-years

I know I called it yesterday (if you read this article). But for those of you familiar with Fibonacci retraction, this does appear to be profit taking after a parabolic rise. Even this long term holder has taken some profit after great nights on litecoin (LTC) and Pivex (PIVX).

I mention in the article above, rumours of Pivex's imminent release on Poloniex. In my opinion if you can secure more PIVX at just above 0.00063000, that's great long term buying. Split your strategy in case of a panic sell and set buy orders for 0.00061500 & 0.0006000 (Rough figures, please do your technical's to maximise profit. I' just trying to give you a heads up about a possible buy opportunity. Please use your own judgement, but I really think we will see good long term psychological support at the 0.0006000 ratio.

Psychological supports and resistances are important to consider in any trading strategy. Check out my Ethereum tip where I discuss (quiet early I might add and if you got on this at the time I posted.... you're welcome. An excellent psychological support for the BTC-ETH trade.

https://steemit.com/news/@beachbuminvestor/breaking-trade-news-btc-eth-130-resistance-tested-will-we-ever-see-ethereum-this-cheap-again

Happy to help anyone who has no idea what I am talking about.

Stay stoked frothers,

Fish (The Beach Bum Investor)

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Pivx sounds great. I owned some for a little while....just wasn't clear on how quickly they could develop a product. Could easily go 10x if the development is quick and done well.

Thanks mate, I'm really enjoying your articles. So much great information saving me hours of work. Keep them coming.

Ditto!

Quick question. Should I resteem your articles for my followers? I've been busy trying to research and write so I'm not quite sure of the benefits and downfalls of resteeming. I want my followers to really think about their trades and so I need them reading the information you are giving to us. Is the best way to do this by resteeming? I really don't want to profit from your hard work, just keep my followers better informed. A lot of the guys and girls coming on soon are very close friends. I'm sitting next to @dkmisft helping him get signed in(just about to go for a surf). He is just starting out in the exciting world of crypto investing and is excited to soon be receiving your articles for himself.

Sure, no issues from me!

Cool.

Bought in at 1,25 a couple of month's ago, took some profit of the table now but still got some left behind. If PIVX only get's added to Polo.... Upvote and follow for you!

Thanks @cryptodeveloper . I mention in previous articles how I'm terrible with computers. I do have some development ideas within the crypto economy that I think could be huge. I'd love to hear your thoughts, and potentially begin a partnership. Is there anyway we can chat privately on Steemit.com? And I would love to hear you thoughts on this article as you will have far superior knowledge to me in this space.
https://steemit.com/mainsteemmedia/@beachbuminvestor/voxels-a-company-valued-a-usd2m-that-has-applications-in-vr-what-am-i-missing