Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
rpietila
on 27/05/2014, 09:22:26 UTC
You can't really go against the grain of the market when you working on short to mid term. no reason to stay in one place when there's consistent % gains denominated in BTC to be had across the whole market. 

Ah ok. I am not interested in that (as reasoned in the OP). I have enough gains in BTC. I am not really angry if MRO is tanking and I know full well how many dollars of new investment is needed each day to retain the valuation.

As with BTC, it does not matter what the price is. What matters is how many % of the coin you own, if the technology is sound and has a potential to break out. MRO was the first coin with interesting technology and fair launch. That's why I hold approx the same % as I hold BTC.

I mentioned this in ToF, so let it be known here also that I like MRO very much at 0.002, I like it at 0.004, but would not buy over 0.010. Going to 0.020 in the immediate future is a sell zone with an intention to buy back at 0.010 or less.