I suppose if you are the type of person that enjoys buying scratch-off lottery tickets.... Good luck! (you'll need it!)
UnknownUnicorn4260858
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@mightytrader, well would apprecite your counter analysis..
mightytrader
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@Roeuge1, Because the trend is down for Bitcoin and most of these alts. The only way this thing will go up is from a coordinated PUMP. I hope you don't bet more than $300 (also there is always the risk an exchange will delist a coin causing the price to really plunge... I don't think that is likely for this but it's still possible).
It is very taxing on the mind to hold stuff that is not trending up. Maybe it will go up much higher but the price is holding onto it in a bear market.
It would be better to wait for it to pump on high volume then trade it on a lower time frame like 4-8 hours and try to make 10-30% on the retraces.
Just my opinion. It is very difficult to hold this when I Bitcoin has a real risk of dumping much lower.
UnknownUnicorn4260858
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@mightytrader, I appreciate that but Factom Is a very innovative project that hasn't had its limelight yet, and they put in a Binance application and development is moving along well.
Regarding BTC, I see the risk of it dumping to be much lower than most.
A 700% pump in a bear market cannot be ignored and FCT is printing a macro higher-low here.