Since we are sub 1$, I'm not going to sell anything at this price, only buy !
I don't think market will come back within next days, but it could.
And if market recover I don't want to miss this train and tell me later "damn I sold for less than 1$.."
Sometimes it's better to put psychological barrier.
So now the plan is simple :
- Pray for market continue dropping, so ICN will be in our range.
- Sell the house, wife, kids and buy the f***g dip !
From 0.5$ up to 0.2$ if we get there.
- Forget the market until ICN rise to 10-20$ (easy job) or make swing trading for increase the stock (risky job)
- Enjoy life =)
Disclaimer : As most of people here who say "that's not a financial advice" because they don't have licence for provide this kind of service, I don't have any licence either.
But of course it's a financial advice, we are on tradingview not on youporn.
Rise of today came from a pump group.. I'm still expecting ICN fall as I think BTC will continue to dump before ICN shines.
Buy zone : 0.6-0.3$
I don't think we'll go lower but all depends of BTC for now.
(If you want to be sure to ride this sleeping giant you can start to buy from 0.8$, even 1$ is a gift..)
We bounced on the all time support that I drew in blue, I bought a small amount.
Then thanks to the pump/scam groups, I sold a big amount on the resistance line =)
Waiting that we break this major support to reach our target.
As you can see this idea failed, we didn't reach the desired sales area.
Early April I managed to buy back a bit more than what I sold previously.
So I enjoyed the April rise, but I've been a bit euphoric and I didn't manage to sell soon enough.
In May I only sold 15% on the rebound at about $1.3 and bought back at $0.8, so I didn't make much profit with this big drop, but as we say "profit is profit".
In June I didn't trade at all, the prices were too low to sell anything, too risky.
When I saw ICN at less than 0.5€ I couldn't resist, I took the opportunity to inject fresh money and buy the dip, even if it drops more it can't be a bad entry for mid-long term.
Many people have complained about this dump but for me it's a good news, we finally reached my buy zone, and if we were better traders we had the opportunity to sell the top and to have now 3x more ICN. Also ICONOMI can burn more tokens.
It's an endurance race and not a sprint, even if it's longer than expected, I'm happy to collect more and more at this cheap price, because I know that when the ship will really skyrocket we'll never see these kind of prices again.
I'll close this idea and make another on ICN/BTC.