Re: [ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER ***
While you were waiting the price did a max of 11500 satoshi. Always remember: the beginners buy low sell high while the experts who make money buy high sell higher. Classic market psychology: in order to win in the long term you need to do the opposite of a beginner. The beginners take comfortable actions and loose while the experts go agains and are counterintuitive. You're welcome for the explanation.
Remember: buy STRENGTH not weakness!!!!
agree nobody can predict the market. Right now the volumes are insane for POWR
Guys if I could help with this debate . This is not a financial advice , it's up to you but you can do all that you guys described while mitigating risks.
Ex: you have 1000$ to invest and you made the decision that you want to be in that coin. Invest 20% regardless of the pump and wait couple of days to see how it goes. Invest another 20% and wait and so on to spread out the cost over 10 days let's say. Unlikely the trend stays the same over 10 days. If it's to crash at some point you won't loose the max and if it pumps you won't earn the max either . Meanwhile this means you will have time to observe and assess further this opportunity. How does sound for you
Thats well formulated and sounds very reasonable to me. I will try to think the other way around now. But I definitely dont consider myself as an expert so I need to learn to act that way! Thanks alot for this comment though!
Also I would like to thank you too Driendy, as I really like this strategy. I did so a couple of times before, and it always worked out sometimes for the good, sometimes for that bad, but always in a acceptable ratio. Thats some good coments here!