RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #9 "Are we there yet...?" Aug 8, 2016

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$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #9 "Are we there yet...?" Aug 8, 2016

in steem •  8 years ago 

OZ, what do you think of the huge spike in Cryptonite (XCN) that happened today? I am looking to start trading some altcoins and I found your analysis here on #steemit very interesting. Thanks!

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I'll have to take a closer look into that one :) Will let you know, and you will see definitely.

If you invest into XCN blindly you will loss a lot of money. Wait for a huge down trend to happen before you buy. Make sure that the order book is growing, you don't want to buy into it when everyone is pulling out when the pump is over...recipe for disaster.