AMBBTC 50% pullback in 5 days. Support at 200 MDA long term hold
SUMMARY =============== AMBBTC 50% pullback in 5 days. Pullback to support at 200 MDA. Long term hold
AMBBTC has pulled back 50% in the last days and is now near the 200 MDA which should provide good support.
I think this is a good buy price for a long term hold.
DONT FOLLOW THE BLUE LINE ... that is just a guide to show where the 2018 high is. I am *NOT* saying it will get back there by September 2020 Maybe it will take 6 months. Maybe it wil take 3 years .. I really dont care. I cant wait it out
When the crypto market wakes up and goes into a bull run it tends to drag all coins up with it.
You might get it a bit cheaper, but you could also miss out if you wait. When I am looking at long term holds, I dont try to time it perfectly and get it a little bit cheaper. I am aiming at massive gains for a long time hold and this price is a good enough bargain to buy in and hold in for a wild ride into the next big crypto bull run.
Trade carefully and do your own research Good luck traders
I picked the short term bottom almost perfectly
and the price has gone up 130% since then in the last 2 weeks
Despite the short term gains, rather than taking profit and run I still believe this is a good long term hold
That 130% is nothing compared to the massive potential gain in the long run
Im staying in and will keep my eye out for more like this
I am closing this trade and I hope you gained some dolleriedoos, knowledge or both from it
Happy trading
shollows
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Doh - bad maths
CORRECTION - it went up 60% shortly after this post.
Not as good as 130%, but still pretty damn good.
However, I still think this is a very long term hold for even larger gains. Just wait until BTC goes into a hard core bull run and this coin should follow it up. Im not talking a minor bull run, Im talking about the big one ... a biblication level rocketship to the moon. These take time to play out so be patient
Happy trading
shollows
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130% increase shortly after this post - pretty good hey
It has pulled back again since then
Plenty of room to go up, so dont worry about trying to time a buy in perfectly
Just buy and hold for the long term peeps, buy and hold
shollows
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CORRECTION
"I cant wait it out" was meant to be "I CAN wait it out"
I picked the short term bottom almost perfectly
and the price has gone up 130% since then in the last 2 weeks
Despite the short term gains, rather than taking profit and run I still believe this is a good long term hold
That 130% is nothing compared to the massive potential gain in the long run
Im staying in and will keep my eye out for more like this
I am closing this trade and I hope you gained some dolleriedoos, knowledge or both from it
Happy trading