yes, NXT moved up sharply last 24 hrs
This^^^ will be very bad for SuperNET (at least short-term).
I already knew that NXT holders (especially the initial stakeholders) SUCK at trading but this is borderline pathetic... they always seem to do the opposite of what would be in Nxt's interest... just saying...
Yeah, sooooo bad for NXT. So terrible to have the price go up towards reasonable evaluation prices.
Smh. Lol
Actually, it isn't awesome for those that get TOKEN d1. I should have anticipated this and waited a few days... since I am getting token with already held NXT, I am actually paying more NXT per token, then if I waited a few days for NXT to go to a peek and bought TOKEN then. Argh... the only good thing is that perhaps in 10 days I will be able to get more tokens for less NXT each.
there is no way to know which is best
the price of NXT changing, this is not changing the price of the TOKEN, it is changing the purchasing power of NXT
Now if you did 50/50 or 33/33/33 split, then you would get the average cases and not have a chance of the worst selection. of course no chance for the best one either.
let us not be counting the pennies, they are important, but to be frustration over not being able to predict chaos, is self-torture
now if you did the SMA projection like I recommended, you could at least get some visibility into the future price, but it is probably too complicated for most.
OK, I will tell you a trick you can use.
We know the reference price is the 24 hr SMA, so what you need to do subtract out the shrinking bonus. this is approx by looking at the BTC price, getting a percentage from 0.01 and adjusting the NXT price that bter is showing.
now plot this number every 5 minutes. (more frequent is better)
Since we are talking about 24hr average, let us say that if the price is dropping for 1 hour straight and the current NXT price is also below the SMA price, then the rise has reversed. You can do the opposite to find when the fall has reversed.
so then you just want for the current trend that is in your favor to reverse, then put the order in.
wont be perfect, but with 24hr sma it is a slow boat, if it turns around for an hour, odds are decent it wont just reverse again
James