Topic: Playing percentages - how to make the most coming back from the dip (Read 133 times)
January 18, 2018, 12:52:45 PM
MY MAN
January 18, 2018, 11:47:56 AM
Smart...that is what I do as well (myself patting own back) LOL
January 18, 2018, 11:45:56 AM
The way I've been playing this market going back up (hopefully that's what this is) is finding what has the most room to grow based on a coins previous steady state. Basically, I'm looking for the coins that crashed the hardest.
For example, ICX was stable around $10, hit an ATH at $12, and bottomed out around $6.50. Going from $6.50 to $10 gains you about 40%.
Looking at something like PRL, it was steady around $3.20, hit an ATH at $4.20, and bottomed out at $1. If PRL goes from $1 to $3.20, you're looking at a 3x. (Warning, PRL is already at $2, so it may be too late to get into this).
200% vs 40%, Sure, ICX is the MUCH safer bet, but if you split your portfolio between 4 coins and only one 3x's, you've still beat the 40% you'd get from an ICX.
Not everything is as juicy as PRL, but some coins that got absolutely destroyed during the dip that I like are ELIX, DBC, COSS, BNTY, PAY. Some ones that dipped hard, but I'm not 100% on the quality are QLC, SNOV, AMB, AIX, and ACT.
The only counter to this argument is that stuff like ICX/VEN/XLM will return to their steady state quicker than the lower MCAP alts. Definitely possible, but again, you only have to get lucky once. I moved all my money from VEN/ICX during the crash to PRL and friends and I am VERY happy I did.
For example, ICX was stable around $10, hit an ATH at $12, and bottomed out around $6.50. Going from $6.50 to $10 gains you about 40%.
Looking at something like PRL, it was steady around $3.20, hit an ATH at $4.20, and bottomed out at $1. If PRL goes from $1 to $3.20, you're looking at a 3x. (Warning, PRL is already at $2, so it may be too late to get into this).
200% vs 40%, Sure, ICX is the MUCH safer bet, but if you split your portfolio between 4 coins and only one 3x's, you've still beat the 40% you'd get from an ICX.
Not everything is as juicy as PRL, but some coins that got absolutely destroyed during the dip that I like are ELIX, DBC, COSS, BNTY, PAY. Some ones that dipped hard, but I'm not 100% on the quality are QLC, SNOV, AMB, AIX, and ACT.
The only counter to this argument is that stuff like ICX/VEN/XLM will return to their steady state quicker than the lower MCAP alts. Definitely possible, but again, you only have to get lucky once. I moved all my money from VEN/ICX during the crash to PRL and friends and I am VERY happy I did.
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