Are people on here really saying experts buy high and sell higher lol good one, what a strategy. Your saying that these experts have some crystal ball showing that a coin is going to go higher then it is, I don't think so. They buy the dips and look at the history of the coin, if it has been high many times before then the chances are that dip will reverse at some stage. To buy a new coin with no history of peaks is the stupidest thing you can do.
Look at all the coins that have had 50, 60, 70+ increase yesterday, would you buy half of them because they are high. I don't think so.
In saying that I plan on investing on POWR but not while its the highest it has been, what goes up always pulls back a bit. Id rather fatten my BTC stack on some guaranteed rises then risk buying on a high 'like an expert'
Good points, just to stimulate some positive debate, I'll disagree from a certain angle. Yes I consider myself above average/pro/whatever (aka done very well, since 2013ish). I buy highs (lows too obviously), that are predictably or unpredictably going higher, and I scale exit anticipating dips, however tomorrows dips might not dip enough to match todays prices. This coin is a rarity, can't really be looked at as a universal pattern or what pros typically do or don't do every formula and %/variable change is different for everyone. This is more akin to a NEO/OMG/WALTON organic rise coupled with real world events and the bonues of no hype re stickers on skateboards or pre-announcing news for 3 days to stimulate said hype and be let down. This is is a pleasant surprise in our eco-system and I am not dollarCostAveraging at all on this one (already in heavy profit since that decision and scaled exits along the way to buy dips as stated above).
I don't believe the retracement/pullback is going to be lower than todays price and if so not by enough. The 10K sats psychological barrier has blown by, the $1 barrier is next, from there I think we're going to see momentum continue to go crazy. Could be totally wrong but as a random internet guy looking out for fellow investors best interests re profits (who enjoy some risk and are ok if there is some loss), I wouldn't wait another second on this one.
EDIT: And as I typed this we reached another ATH and climbing, looks like we're hitting that $1 barrier very shortly, this should be a good test re above statements.