Rotox
Long

[No TA] ARDR - Buy and Hold

POLONIEX:ARDRBTC   Ardor / Bitcoin
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ARDR is due to be the base currency on the new NXT 2.0 blockchain. While NXT hasn't been as successful as other alts, it's an established team with a good platform and implementation. In this respect, I'd say less hype and more traction in that the NXT community is established and the platform is solid to date. I bought in on 2017-05-05 at 0.00003977 (Indicated by red line) and will be holding at least until the ARDR platform goes active. At the moment, the ARDR is treated as an asset on the NXT chain and all NXT holders received ARDR in last years release. Ardor is scheduled to launch in the third quarter of 2017 which is why I feel this is worth a B&H longshot now. As always, do your own due diligence, more information can be found at the following:

https://www.ardorplatform.org/
https://www.reddit.com/r/Ardor/

As always, good luck.
Comment: A positive week for ARDR on the back of a good week for NXT, so there's a possible correlation to be aware of. It will be interesting to see how things go in challenging the 7500 price level. I'm considering adding to this position, in which case I'll be looking for as close to the 5000 area for entry.
Comment: This trade is going well for obvious reasons:



I've no studies telling me what level should be good for buying the dip, and I expect it to fall back substantially but as this is a BnH trade that's not a problem.

Key takeaway from this update: ARDR pumped with NXT and has now overtaken it. Anticipation for ARDR release in Q3 will probably build further.

As always, good luck and trade wisely.
Comment: D'OH!

Posted wrong chart update:

Comment: Just a quick update, huge profits from this so far(2500%)...not ready to close yet. In terms of where we are at present, as the image shows, we are trading in a range:




I suspect that the breakout will be upwards.

Tempted as I am to take profits, I don't believe that the alts run is over yet but there will be a short term BTC inflation over a month or so before another alts rally of roaming P&D gangs...which is just how the market is for 2018 it seems. Having touched 2$, conservatively I'll say that ARDR will likely see 5$ or 6$ at least, better yet if Jelurida secure some new projects for their child chains. Stop loss will be .00008 ARDRBTC, but given there are many more projects out there more highly valued and offering less, I think this unlikely.

Trade remains open, let's see how it goes.
Just a quick update, huge profits from this so far(2500%)...not ready to close yet. In terms of where we are at present, as the image shows, we are trading in a range:


I suspect that the breakout will be upwards.

Tempted as I am to take profits, I don't believe that the alts run is over yet but there will be a short term BTC inflation over a month or so before another alts rally of roaming P&D gangs...which is just how the market is for 2018 it seems. Having touched 2$, conservatively I'll say that ARDR will likely see 5$ or 6$ at least, better yet if Jelurida secure some new projects for their child chains. Stop loss will be .00008 ARDRBTC, but given there are many more projects out there more highly valued and offering less, I think this unlikely.

Trade remains open, let's see how it goes.
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