BTG aka bitcoin gold has a bad reputation, being the second fork after bitcoin cash. The project is young, and does not have the backup of Roger Ver or any big tenor, but it's recent release of it's whitepaper (about time!) makes me think we could see some serious upside
TA wise, the chart speaks for itself. Risk is low as we are on the bottom of the uptrend. Might be a medium term hold.
TA wise, the chart speaks for itself. Risk is low as we are on the bottom of the uptrend. Might be a medium term hold.
Trade active:
@0.0176
Let's see what it got
Let's see what it got
Order cancelled:
Closed at 168 until btc calms
Comment:
I got the question "what is principal ?"
It means if I invest 1 btc in BTG, and i have the opportunity to sell at 30% profit, I will cash in 1 btc (and not 1.3 btc), and keep the 30% profits running with a sell order at my second target. So the investment becomes risk-free, even if btg "disapears". And if it does a huge pump, you are still ready with some stashes from a very low entry.
It means if I invest 1 btc in BTG, and i have the opportunity to sell at 30% profit, I will cash in 1 btc (and not 1.3 btc), and keep the 30% profits running with a sell order at my second target. So the investment becomes risk-free, even if btg "disapears". And if it does a huge pump, you are still ready with some stashes from a very low entry.
second and last target 0.4