Today Elrond Coin (ERD) just launched for public on Binance at the price of 0.00000088 (0.00000066 at the time of post) We expect big volume pump in the following 2-10 days.
Following the other models we got from coins lauched on Binance we have similar performances:
BitTorrent Token 31/01/2019 - 1454% returns USD from launch to peak. (1month) Fetch AI 28/02/2019 - 294% return USD Matic Network 1611% returns USD from launch to peak. (11 days) Harmony ONE 828% returns USD from launch to peak. (3 days)
Elrond ERD ???-returns (we expect something similar as above)
It needs some closer monitoring. Too early to tell.
abufiras
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nice
genesislord
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Buy at 25, my opinion, correction is coming
Salmin
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10x will only make those who won in that stupid lottery.
adrian_marc
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@Salmin, thanks for the comment.
Yeah, maybe 10x is the exaggerated optimistic version, but who knows, MATIC had quite a run, things can happen.
But even in the pessimistic version you can get 1.5x-1.8x. - (50-80%increase) even that is a very good and decent trade
Salmin
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@adrian_marc, keeping in mind that l lost 30% of my BTC holding bnb 50% increase will only barely cover my loses
Salmin
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@Salmin, Lost 30%, lost in the lottery and now l am losing again. This is my last trade on binance
adrian_marc
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@Salmin, yeah..pff..sad&sorry to hear that, I know how it is.
(i'm absolutely sure are familiar with what I am about to say but I'm writing those ideas down for maybe other people who read the comment can benefit from the advice)
Usually is a good idea to invest only a small portion of you portfolio in a trade, like 10-15% or your portfolio, so you can recover if you get rekt.
And use strategies like stop loss or dollar cost averaging to mitigate the loss.
There is a chance to win and to lose at every trade, you must be ready for both scenarios, especially on uncharted waters like a launch.
That being said, I recommend never invest more than you are willing to lose, and the risk reward ratio must be between 2 to 6 or better in my opinion to justify the trade, and get positive balance in long term.
Hopefully it's worth it for ERD...but we will see. ERD is already pretty cheap..but if it closes daily below 50sat I will exit the position, no hard feelings.
Salmin
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@adrian_marc, l only had 52bnb. What else was l suppose to do? l wanted to participate in that erd lottery, so l was all in in a hope that ll get that lucky ticket. And then bnb plunged so l held it till the end. And now boom again. You know FUCK binance. CZ if you're reading this post FUCK YOU! They created those stupid rules and a lottery format for the people forcing them to hold that shitcoin called BNB for 9 days and only the chosen ones win.