I have some question to ask and your input will really be appreciated.
In trading I prefer long term trading ( Position trade ) since it give me more time and big profit than paying 24/7 on a computer to do swing trade.
Do you recommend trading on low volume Alt coin which have high potential of profit or trading on high volume top coin which have more risk and less profit as well!!.
I plan on buying #MBL ( #MovieBloc ) within 18 - 23 sats
and hodl for some time let says within a week to 3 weeks and sell at either 25, 28, 30 sats.
At the moment #MBL has a very low volume but I know buying now when the volume is low is an opportunity to make good profit when the volume start building up.
Trading this way is more profitable to me than doing swing trade which some times get me reckt. At the current price of #MBL going in with 2 Btc at 18 sats and selling at either 28 sats might make me a good profit of 1.12 BTC.
So do you recommend me going in for trade with more potential or trade with huge volume which may possible get me reckt ?
Technical Analysis https://i.ibb.co/0m7Mz0M/photo-2020-08-07-09-57-27.jpg
Wow #MBL volume move from 4 btc to 65 BTC, nw I strongly believe this coin has more potential to pump up right even to 30 stats plus. I will definitely hold right to 30 sats since the team plan on launching a staking program. it's just a rumor I get from one Trustworthy trading channel.
Yeah, I see the volume is piking up now. If #MBL break the 20 sats it may move up more faster.