MYST - offering liquidity for a low double-digit profit
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: 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.
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: 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.
Trade active:
Bought some at 1-1.4 sat, sold some at 1.49 sat. Going to try and keep doing this.
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Sold half for a hair under 1.7.
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Bought small amounts for 1.1xxx whenever I could. Where's that green candle now? : )
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Sold a bunch at 1.2, bought back at ~0.95.
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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/
Comment:
Horrible liquidity.
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.
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.
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I got to learn from this to stay away from liquidity traps.
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What looks like healthy volume is actually $1,514 : )
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Now MYST is the alive one and SENT the dying : ) Interesting.
Trade active:
Bought a tiny bit 0.000006717.
Trade closed manually:
Don't care about alts at all in this climate, even thinking about taking a loss in BTC...