Crypto trade of the day: 07/25/2017 - POTcoin (POT)

in trading •  7 years ago  (edited)

POTcoin shot up 28% on the 24th and then a steep drop followed. Usually on this drop based on POTcoin's history, a big bounce would follow that could rise back anywhere from 50% to 120% of the initial rise. I decided to buy down at around 0.000039 which is about 20% of the initial rise and sell at 0.000044 (50% of the initial rise), giving a 13% gain. This trade may be a little conservative, but should give me a high success of going through as I'm not too confident how good the bounce will be.

The trade completed in about 6 hours with a low of 0.000037 and a high of 0.00004695.

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Nice trade bro 👌👌👌

This is a smart trade man! I have recently started trading using Luc's method. Let's see how it goes. Your blog is nice and this is the first post I have read. I'll finish all the posts today and hopefully implement a few learnings to my trades as well. Keep writing man!