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Topic: Why is NEOCOIN falling (Read 3766 times)

full member
Activity: 403
Merit: 101
October 26, 2017, 03:17:12 PM
#29
Hello guys, just like you I bought NEO quite high and I'm waiting for it to rise

But I'm confident in this coin, whenever there will be a good news from China, price will moon !

Read this, for instance :

https://hacked.com/trade-recommendation-neo-4/

Quote
Bullish divergence, formed by the price and RSI, gave a trend reversal signal. When the price passed through the cloud, we got an additional confirmation of possible upward movement. DMI gives bullish signal and allows opening long trades. It’s buy opportunity. Pending orders can be placed at 0.005500 level with stop orders below the local swing low at 0.004700 level. Profit targets are 0.006500 and 0.008500 levels. If you don’t use leverage, recommended trading volume for this trade is up to 10% from your deposit.

Market: NEOBTC
Buy: 0.005500
Stop: 0.004470
Profit Targets: 0.006500 and 0.008500

HODL guys Smiley
full member
Activity: 560
Merit: 100
October 26, 2017, 03:04:51 PM
#28
Neo will go to 50$ right after China take off the crypto restriction.so far 38 $ is the limit.
sr. member
Activity: 400
Merit: 250
Play2Live presale starts on 5th December
October 12, 2017, 10:47:05 AM
#27
Its going to moon soon!

I think NEO price is stabilized for now... we still have to wait and see what comes next ~
member
Activity: 83
Merit: 10
October 12, 2017, 08:22:27 AM
#26
Its going to moon soon!
sr. member
Activity: 549
Merit: 259
Blockchain with solar energy
August 28, 2017, 01:55:00 PM
#25
Neocoin was pumped similar to Digibytes by Chinese people. So it was mere speculation at first. But over time Neo started to strengthen itself so price became stabilized by lowering to accurate levels.
full member
Activity: 159
Merit: 100
August 28, 2017, 12:45:56 PM
#24
Because they only have Red Pulse. They need to build more projects on NEO for people to believe it's going somewhere.
member
Activity: 81
Merit: 10
August 20, 2017, 12:18:58 AM
#23
yes! price has stabillised and is starting to rise. congrats to lucky investors that bought in at usd 35.
hero member
Activity: 1680
Merit: 845
August 18, 2017, 05:22:30 PM
#22
I noticed a 50% positive increase the previous days and was quite surprised, although, you cannot expect a coin to continuously increase. It's due to its correction time now to stabilize after that large price pump.
full member
Activity: 420
Merit: 100
August 18, 2017, 05:14:33 PM
#21
If Neo is really an Ethereum of China (with I suppose some specific thing to do for the chinese market), we can suppose that the Neo value = 1/4 of Ethereum (so 1 neo = 73 dollars) or 1/5 with 1 neo = 58 dollars.  I am certainly not the only one who think that. But Neo has not yet the trust and reputation of Ethereum. They still have to prove their capacity, and show their “final” product .
full member
Activity: 252
Merit: 100
August 18, 2017, 04:46:10 PM
#20
ethereum of china.. Not too sure about.  It's a complicated landscape in China. Let's not forget some of the leading crypto influencers in China, like Bo Shen whose Fenbushi Capital (with Vitalik) still invest heavily behind ethereum and other connected Chains, the XiaoLai Li, who is the man behind EOS. NEO will be one of the platforms to thrive in China for sure but certainly not the only one.
full member
Activity: 224
Merit: 100
August 18, 2017, 08:27:51 AM
#19
NEO  is grown  so much  and so fast beacause it' been announcend  as the ''Ethereum of  China''...  in  China there are  so big population and    other investor worldwide  invested into it  because the  fame of ''ethereum of  china''
When  the price  had stabilized  in 50$  someinvestitors  have  understood  that the maximum potential had been reached, so they sold it.  Also  all the investors  who came later in the  game  have  sold  it  cause they couldn't see  so much profit.  And that's  it...a stabilized price.

When  it's  to late to jump  into the train, it's better  to wait at  station.



member
Activity: 140
Merit: 10
August 18, 2017, 08:14:37 AM
#18
but so far i have bought some and ended up selling it since i saw the drop, with a little loss.

TBH I think I am noob, but I've earned about 20% within last 2 days on NEO.

hero member
Activity: 1470
Merit: 655
August 18, 2017, 08:07:58 AM
#17
what goes up this fast must come down. it is only natural thing to happen in this market. i am hopeful it recovers and it may very well do. but so far i have bought some and ended up selling it since i saw the drop, with a little loss.
now i am waiting the drop to end to make my future decisions regarding this coin.
sr. member
Activity: 1050
Merit: 295
August 18, 2017, 07:50:49 AM
#16
It went up 125 x who in there right mind would touch it now?
You'd be surprised. Once a coin goes past x3, it's just too risky for me to step in. x125 is just mindblowing. But never underestimate the power of self-delusion. Someone probably thought China's Ethereum + Big economy = Eden Prime!. All I'm looking at is how many xxxs will Neo tumble down
full member
Activity: 420
Merit: 108
August 18, 2017, 07:44:48 AM
#15
It went up 125 x who in there right mind would touch it now?
sr. member
Activity: 840
Merit: 266
August 18, 2017, 07:40:46 AM
#14
Sometimes when a coin is already x13 + up and you see it and say fk I missed it it is too bad . You know what is worst than missing it ? jumping in too late . of course there is a chance that this coin will continue going up but the chance of a correction and dump is very high right now .

p.s : You this advice and I still made the same mistake yesterday but on another coin . The charts is just too tempting  Cheesy
sr. member
Activity: 784
Merit: 255
August 18, 2017, 06:50:21 AM
#13
the NEO price is so crazy in the past several weeks, and its time to turn to a reasonable level, not only NEO but also other altcoin have the same situation, many dump today
Really you say, some altcoin, happened a big dump this time.
Is this due to BTC price hike? Very dangerous to hold some altcoin.
But if the price goes back up I think this is a chance to take a big advantage.
member
Activity: 85
Merit: 10
August 18, 2017, 06:13:55 AM
#12
They say Neo is the Chinese ethereum Cheesy who knows? I have a little but not a big stake.

It just seems like it's a big guessing game with Neo
member
Activity: 81
Merit: 10
August 18, 2017, 03:51:56 AM
#11
This is just calm before the storm. First we see some wales dumping maybe 10% of their massive stock so price goes down a bit and we see some noobs fearing a crash and selling fast. When the noobs arrived finally gone prize stabilizes and we will rise again fast.

if i had more cash i would dump it all into neo, the price is really dirt cheap currently!
sr. member
Activity: 318
Merit: 250
August 18, 2017, 03:36:15 AM
#10
the NEO price is so crazy in the past several weeks, and its time to turn to a reasonable level, not only NEO but also other altcoin have the same situation, many dump today
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