Trade this coin on Binance instead of Bittrex. Fees are 0.1% instead of 0.25%
Link is in my signature, below.
Trade active
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This has already moved upwards since I originally posted. Congratulations to all on sitting in profit. Feels good, doesn't it?
Guided trading post on Yours.org (in my signature) for those interested.
Updates will come as the day progresses.
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New update to Yours.org trade post. We consolidate quietly, but that's actually very bullish.
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Target already hit. Congratulations to everyone trading this and all Yours.org readers.
Update to Yours.org trade thread with new ideas.
Trade closed: target reached
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In light of the corrections happening across all markets while BTC also dumps, and in light of the fact that KMD has broken through the trendline without showing momentum to regain it, I've made the final update to the trading thread on Yours.
We hit target on a 4:1 RR trade though. Thank you guys for reading!
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I've updated the Yours.org trading post once again now that we've had four hours and the market hasn't crashed and Komodo price has regained its trendline.
Next stop, up more. Details in the trade thread.
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So, this is looking pretty good despite all markets besides Ripple correcting because BTC is dumping.
Interesting. Trade still active.
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Trading at 8354 on Binance (use the link in my signature).
Bittrex sucks.
Trade closed: target reached
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Komodo actually held during giant market correction quite well.
I'm not a fan of holding altcoin trades during correcting markets because everything becomes a bloodbath.
That being said, it is worth noting its price action.
Komodo is a sleeping giant with astonishing tech, real developers (with a lot of years of experiance and a few projects developt in the crypto-sphere) and totally not something you might concern a shitcoin. The tech behind KMD is a cosmos, the only thing that keeps the price low is the fact, that they are anti-marketing and not interested in promoting the coin much until the tech behind it is perfect. I do not know if it is ready for break-out, but this is the real Z-Cash that people need and there is no reason for it to be lowe-capped than ZCash.
sherices
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@ok89, thanks for your insight! I picked up a little bit when it was just over $2 because a friend of mine said it was extremely undervalued. I was thinking about taking profits on this run but the more I look into it and from what you shared since I don't have many, sounds like it might be better to hold for the long term and buy in when it dips.. thanks!
ok89
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@sherices, I do not advice anything, I share my point of view. If you are a trader, you take profits on targets and start longs on dips. You do not care what you trade, you have no sentiment, you use fundamentals to earn money. If you are a believer - you accumulate. Think where you are with your KMD relationship. Do not take advice, you need your own strategy to execute. Take care!
sherices
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Thanks @ok89! I really appreciate your insight - what a brilliant suggestion!