BITTREX:MTLUSD   Metal / US Dollar (calculated by TradingView)
Technicals
no new lower lows like the majority of coins
near to its all-time-low, but makes higher lows
great risk reward , SL at 2.90 on a close

Fundamentals
concentrating on India and mobile payments, huge grows potential there
- hiring people in the metropole Dehli
- great mobil infrastructur in India
( imo great tool to get exposure to India)
still good interest, shown through volume
search engine stats look very good, steady increase

Risk
- government (that they are hiring people from India makes a bit less risky imo )
- btc dropping like a stone (but Metal is in an uptrend against BTC )
Mar 18
Order cancelled: too fast decision

lost like 3,5% to get in and out

I see more signifcant risks, also because its built on ETH. I've not done enough due dilligence to go long yet. I will keep an eye on it...

Good Luck Fellas
Mar 20
Order cancelled: just to clarify, I bought and sold within 30min. Was not a trade, but rather a mistake. My due dilligence were also rather shallow.

The negative comments I received are surely justified.

Well, next time I'll try to deliver some more quality.

Anyways good luck.
Not even close to being accurate about the project - has nothing to do with the MetalPay in india.
and If you are going to title your post LONG term hold, you should probably hold longer than 6 hours,
especially considering it hit 4 dollars less than 24 hours after you sold at a loss lmao. SMH.
Reply
macrobear fujibear
@fujibear, nah I reconsidered a buy since I believe 90% of the coins are going to bleed painfully in a btc bear cycle
Reply
I think you should better do your due diligence.
+1 Reply
fujibear macrobear
@macrobear, + 1
Reply
You're fundamentals are completely wrong. This project has nothing to do with India. Have a look on their twitter page - MetalPay.
+1 Reply
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