Topic: Last chance to get some GEO before today's pump bump (Read 2663 times)

It looks like someone does, lotta buys coming in.   If it dips down much more I might buy some more.

You think it`s worth to buy some at 50 now?

I think the dip is whales trying to spook people into panic selling so they can stock up.

Last two news came out mid-day Pacific time, that's 2-4 hours from now.

I let go of some at 68 so I've got a nice buffer to ride this out with. I'm holding the rest a while.

Almost no pump.
Already finished ?

Hmm hard to say.  I plan to watch it like a hawk and basically hit the sell button as soon as it seems like the jump is slowing down.

Maybe 75k?  80 or 90 if it seems explosive.  Or more, the way people are buying it up even still makes me think something big is coming.

At what price you think to sell it?

Taking off!

bump, pump bump incoming.

It'll build until tomorrow afternoon midday Pacific time if it's anything like last time, and drop like a rock with the news (no matter what the news is)

Looks like it might be starting a little early.

Let the hype-ning begin!

"BREAKING ANN!  GEO CURES CANCER!!!  BUY BUY BUY BUY!!!"

EBST might be another good cheap buy.   Watch it close though, it's way up over average already... but it keeps climbing so it might be getting ready to jump.

Thanks and good luck!  Lotta upward movement in the last few hours, looks promising.  I bought some more in last nights dip at 45k.

Some news coming out tomorrow around this time (minus about two hours), watch for that.

Looks like great catch and great advices on altcoin market. I tip off my hat, sir. I am gonna follow your next suggestions. If I make good money I will definitely tip you more than hat. Hah!
Geocoin looks great.

Thank you for the sharing!

Haha well you would definitely have deserved a beer from me but I missed the call on GEO,,, If I ever see you make a call again. And I join in time! I will definitely remember to pass you a beer tip. The only thing is I am also new and followed one person already. And it turned out bad. But I am a big bagholder for alts now so it is not VERY bad.

My guess: 45-50k

Maybe a random mid-day trader pump up to 70 or so.  I have some sells in at 73 just in case.  It should hit that on 8/23 for a moment, if not tomorrow (briefly).

So, what do you guys think about GEO price tomorrow?

It'll bounce a little over the next hour.  You could probably sell most of the rest at 62, then hang onto a few just in case.

Thanks!

As for advice, hmm... Honestly, I should be asking other people for advice not the other way around.  But if I have learned anything so far, I think this is what's working out best for me so far:

Two main strategies for investing:

1) All your eggs in one (or few) baskets

2) A few eggs in many baskets.

Both have strengths and weaknesses, but I prefer #2.  Safer in the long run and gives you more options, every day just watch and see what's doing good, focus on that one.  What I like to do is find something that tends to violently spike every so often, buy in a dip, put in a sell of half of it for twice what I bought it for, and wait.  Might be waiting a while.  But when it hits, you covered your buy in and you still have half left for free.  If it doesn't spike that big, you can also say... buy 3, sell 2 at 150% buy cost and again end up with 1 free, etc.

Then, keep track of the ones you got for free and know that if you ever need to liquidate them for some other trade, you can do that at any time without concern for your purchase price.

Strategy #1's strengths are potentially bigger and faster gains.  Weaknesses are potentially bigger and faster losses.  And if you're under the buy in rate, you're tied up until it picks up, and you miss opportunities.

Strategy #2's downsides are higher transaction costs, slower return (but steadier), and sometimes it stings when one picks up and you think 'if only I had put all my eggs in *that* basket'.  But I'll take 'oww, I didn't make as much money as I could have' over 'OWWWW I LOST A WHOLE LOT'.  Steady return eventually turns into a bigger stack and lower return rates on that bigger stack are larger than higher return rates on a small, unstable investment.

Also, this is obvious but some people just ignore it: Research your buys.  Know about the investment before you put any money into it.  Know when important events are going to happen.  Know who the competitors are and what they're doing.  Listen to the haters, even if you don't agree with them.

That's pretty much the only info I have of value, anything else is speculation.

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Anyone want to buy me a beer?  1DzNQaGds3NxVBatAGaWRF9qieyuR6M7qA  - THANKS

I was left with 90 credits bought for 65 or 53 including my earlier sell. I hope It will go beyond that price and I will sell rest of it

News is out!

Iphone / Android apps

Geomap box interface updated

In app driving directions to nearby GEO

Game-like features for harvesting GEO

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Big dip, wow!  Good chance to buy some more?  I think I'd wait.  I think the market wanted to hear about big-fish partnership, nothing on that yet.

Party is over, too bad it didn't spike more but 60%+ isn't too shabby.  If you want to buy some more I'd wait at least a day and a half.

Droped to 60 and growing again a little bit..

Nice call greyworld. I only just saw this or I might have put some of Bittrex portfolio against GEO. I'm still holding a lot of XEL that I'd have been happy to convert to a moving coin. Also your advice for taking back initials is similar to what I read about "how to hold bags". Any chance you could share some of these tips again?

NP.

If the price drops to 65 again I think the party is over.

If that happens, wait until late on 8/22 to buy after today's bump settles in a little.  Personally, I would spend no more than half of what you made in profits from today's trades.  Keep your risk low.

Probably there will be another big pump on 8/23.

Thank you for nice explain If the the price would drop to 65 again for example that would be good to buy some more, and sell again at peak.

Here's how I do it:

Say you buy 100 at 65k.

Total buy in, 6,500,000 satoshi

Say you sold half those (50) at 77k

So now your total buy in is 6500k - 3850k = 2650

So your cost per, with 50 left, is 2650k / 50 = 53k

To find out how many you have to sell at what rate to break even, do this:

2650 / (how many of those 50 you'll sell) = Sell price

2650k / 30 = 88.3k

So if you sell 30 at 88k, 100% of your buy in is covered.

Leaves you with 20 GEO left that you didn't have to pay for.  I would be very reluctant to sell those at all, maybe just a little here or there if you notice a really nice spike.  Save some for 8/23!

  I`m not that good in those calculations yet. Just begining. At what price you suggest to sell the rest? Should we really wait for 100? 

Cheers!

Now your remaining average buy price is 53k, not 65. 

Suggestion:  You could sell 60% of what you have left at 88k - Then the remaining 40% (20% of original purchase) is 'free', and let that ride.  It's a very cautious approach (no actual realized profit yet) but I like to minimize risk.

 

Sold half for 77  like you adviced

NO!  90 BTC!!! TO THE MOON!

j/k.  Yes 90k satoshi.

Just spiked again, up to 80k this time.

HODL!

90 is that you mean 0,0009 BTC? 

I just heard from the devs that it will be 'midday Pacific time, similar to last release.'  So I'd guess between 2 and 6 hours from now.

Any info on when the news are expected?

Nah, news isn't out yet, this is just some pre-pump activity.

Just hodl and wait, maybe set up some sells at 90 or so to cover your initial cost and then sit on the rest.  I think it'll easy spike over 100k as soon as devs post news.

I missed it I bought at 65K some time ago and should sold it now.

Closed @65k and happy 

Yeah, considering the news didn't even hit yet, I think the real pump hasn't even started.  Maybe I'll wait for 100k

GEO just made Bittrex's 'Biggest # gain of the day' slot, but it looks like it's neck and neck with Monero.

80 is basically in a couple of minutes.

What is 80? 80%? If you talk about the %, what is the start price for calculate those %? Is is last actual price before blow? Thanks.

Congrads, I hope you held onto a little.

I might sell enough at 80 so the rest I'm holding was basically free and then let that ride.  This could blow up in a big way.

At what price you will sell it guys?

i will be happy with a 150%. 

Up 30%+ in the last hour.

Still a good buy at anything under 80k imo.

News hasn't even hit yet. 

To the moon!

Lol, I'm holding onto some of this long term.  GEO could be huge, just needs a little polish and a few loose ends tied up.

What price is predicted to pump it to?

I think is starting

Nothing yet...  Announcement scheduled for 8/21 though, it's 9:30am here 8/21 for me, so it's still a bit early to say.

There is no pump.

Big sell walls just smacked down, price is up 8% over the last hour, lotta buys.  Feeding frenzy as soon as news hits.  I don't think anyone actually cares what the news says.

I'm in at 51k )

Yeah I got in at 65k, I have my sells structured to pay off my buyin at rates that leave me with about 40% left I plan to long term hold.

This could be huge, very business friendly concept.  Ties in well with other financial entities too, activism / political.

I bought a lot when the price in in 45k. And now I'm holding this for the longterm. This coin is precious.

UBQ could see a nice little bump too.  I guess GEO is a UBQ token now?  So what's good for GEO is probably good for UBQ (but not as much so). 

No idea, probably something about Facebook, Augmented Reality, finishing up some things that are broke now and holding back the coin, etc.  There's no blockchain explorer, or withdraws from the site, which are both big liabilities so if they even just announce 'we fixed those major issues', that's good news.

Last news release a couple days ago bumped price up 400% in an hour or so.  That was part 1 of 3, this is 2 of 3.  Last is a couple days later.

https://twitter.com/geo_coin

Woww  really, what's up to it

Next roadmap ann in the next few hours, allegedly.  I think it will pump the price a lot, maybe 100% or more of current.