I been watching BSV from day 1. Like many people I have lost some $$ during the last bear drop. In my opinion last downwards wave happened because of some exchanges such as Bitmex, institutional players and manipulators. All main alts mimicked the downtrend except one. BSV proved to be very strong during the stormy days. Trend line seems clear that BSV wants to be in top5 currency permanently and I strongly believe that it will be there one way or another due to underlying protocols. Some may not like CW due to his previous statements.On the contrary I quite respect the guy. He is honest,straightforward and he knows what he wants. I do believe in him.He is not the type guy that will let you down. Tomorrow he is coming up with a new tech announcement. This alone might boost this coin to new heights. Even though it is realistically new coin, I place my trust in it already. Therefore I have opened few positions past 4 days with a great success. Since BTC expected to go down as usual this coin might be safe heaven.
ps. This is not a trading advice. My personal opinion. Good luck traders!!
ps. This is not a trading advice. My personal opinion. Good luck traders!!
Trade closed manually:
I guess this announcement was not instant. He is talking about 2 years plan. Don't get me wrong if it can be done, BSV can actually replace aging BTC's technology( 2-4 Million TPS peak,500k sustained ,Terranode Bitcoin)For now I exited trade at $95. Will be looking for better re entry point.
Comment:
I was expecting this artificial pump.How?No good setup at all. Somebody start pushing the price up.Happens to be morning in British time. Yes I missed out on this push but not feeling sorry at all. This push is going to hurt some people as well.