If this is the case be prepare to buy buy buy.
Be fearful of others when they are greedy, be greedy when others are fearful.
Great words for trading, right now all over twitter and other social media sites people are saying the world is about to end. Do the opposite, Stay away from FOMO and embrace everyone's FUD. If they are scared, this is great news for us veterans who have been in Crypto for a long time. We've seen this before and I bet most veterans will take advantage of the new guys dumping and jumping ship...
My Fibo Calculation says 200% but I do rely on Fibonaci at the moment since there is not enough data collected from Crypto to make it as accurate as stocks and forex.
Goal is to sell around 150%
Next support line is $0.00841 USD.
Right now is a great time to cast your buy ladder.
Great correction. Massive profit potential.
Everyone's risk is different. Invest on your own term. Know yourself and figure out your own goals.
As in myself, I'm not a greedy guy if I can double I'm very satisfied. Others will no doubt feel differently.
I've noticed several times that I did not hold myself to my own terms when coins were rising... to regret it 1-2 days later. Thanks for this lesson. It's time for me to set clear terms and keep them.
Talk to you later, have a nice day / evening. In the Netherlands the lights are going out, so bye for now.
I invested 300 and made 500 on the last round before all the fees on bittrex, which to me was highway robbery but hey I just made out 40% so whatever.
Anywho, this is just my speculation and chart reading I learned from college over a decade ago. Who knew that i would use this one day actively. At the time of taking this course, I was just trying to build up some credits for graduation and did not give it a second thought. I pulled out my old text books and notes and it all came back to me.
Please do not follow my lead but take my advice or comments or post with a grain of salt. I am not 100% correct.