Post
Topic
Board Speculation (Altcoins)
Re: Suggest Me a Coin, And I'll Tell You What I Think
by
tokeweed
on 26/09/2017, 07:33:42 UTC
Nexus and Syscoin. They're my two biggest holdings but I'm excited about both of them. Not sure how these don't show up more regularly on these forums. Not much of trading coins as they are buy and hold short/medium term but would love to hear your thoughts.

NXS.  If you bought them on late May or early June then you're still in the green.  But from the POV of a guy who's still looking for an altcoin to trade, this looks really bad at the moment.  Volatility is high and it just recently peaked followed by a huge sell off by almost 50%. 

SYS is the same.  I actually was aware of its break out when it happened around end of August - early September.  I thought this was gonna be one of those gems that would trend up amid the bear market.  But no.  Another huge sell off in the end.  If I traded this during the break out, I wouldn't have made any profit.  I like following trends even if that means going thru the draw downs, but this one would have hit my stop loss.

What about a coin from your side? Even in a terrible market there should be a couple of alts you'd still pick, if not on strength of price short term, then on the valuation of the November bitcoin fork? Otherwise, I would like to hear your thoughts on STRATIS. It was above $7 and everyone said it would be $20, now it is around $5. And WAVES. When does it stop becoming good buy value?

For my side just visit this thread:  https://bitcointalk.org/index.php?topic=1622909.0

I haven't been posting anything there so that means I got nothing but BTC and a couple of long term holds.

STRAT is still not looking good but the volatility is starting to go down.  If you're not holding any and are interested in this, start putting it in your watch list.

WAVES.  Aha!  It's showing signs that it's starting to breakout.  Hmmm...  I could put in some coins in this and see what develops.  But be aware of the fake out.  It happens a lot in the current market conditions.