LauriElias

MYST - offering liquidity for a low double-digit profit

HITBTC:MYSTBTC   Mysterium / Bitcoin
I am a long-time bagholder of MYST, having bought in at ~$0.13 when it was already down ~90% since its ICO . I'm not proud of this state of affairs, obviously :) Going to try to get back into the black with swing trading. From the looks of it it's quite possible to buy near 0.00001 and sell near 0.000015 every month at least.

What's good about MYST is that even though it's yet another useless Ethereum 'utility' token, they do have a real working project that anyone can take for a spin at any time: https://mysterium.network/
The idea is to pay people cryptocurrency to host OpenVPN which anyone can use to circumvent restrictions on their phone or computer. And it kinda works.
May 04
Trade active: Bought some at 1-1.4 sat, sold some at 1.49 sat. Going to try and keep doing this.
May 10
Comment: Sold half for a hair under 1.7.
May 23
Comment: Bought small amounts for 1.1xxx whenever I could. Where's that green candle now? : )
Jun 07
Comment: Sold a bunch at 1.2, bought back at ~0.95.
Jun 12
Comment: Gonna try and get out of this. A sale of 0.25 BTC worth would flash crash this shit show to zero : ) Found a similar project that seems to be more successful, but I'm probably going to stay away and sit in Bitcoin for a while: sentinel.co/
Jun 14
Comment: Horrible liquidity.
Jun 19
Trade closed manually: Took only a few hundred dollars worth of MYST to thoroughly crash the order book: i.imgur.com/tVzjkdD.png

Got back in cheaper, sold most for profit, final tail at a loss (<0.6). Glad to be back with The King.

VPNs cost single digit dollars per month for unlimited use. MYST node runners should have to be cheaper than that. Not much money to go around, no? In the end it's all about marketing and marketing MYST hath not.
Jun 19
Comment: I got to learn from this to stay away from liquidity traps.
Aug 22
Comment: What looks like healthy volume is actually $1,514 : )
Oct 23
Comment: Now MYST is the alive one and SENT the dying : ) Interesting.
Feb 18
Trade active: Bought a tiny bit 0.000006717.

Comments

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