A quick update. Nice guy Bitcoin helping NEO go down fast.
If you want to make money trading NEO you could want to buy on the various support zones and .
But it used to bounce hard, and it bounces harder and harder, so I do not recommend trading it anymore.
NEO can be considered one of the big coins and they all had 100% retrace. Since NEO left the shitcoin status to join the major coin club it might not go that far.
Take close attention to the big buy spikes, these people have not sold yet and when they see the price go close to where they bought the first ones are not going to want to take a loss and lose early, then others will break even, then the late ones will take a loss... It can snowball down into accumulation zone fast.
Dip buyers keep an eye on this. Could get a big bounce.
Investor plan: Buy some on each , if we get lucky and it goes lower than that buy a siginificant amount in the accumulation zone, the lower the better.
NEO sub 30 is too good to be true. Imagine ETH at 100$. Would you buy?
+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
Maybe buy a few on the important blue trendline.
New money isn't coming in, hodlers are fleeing...Wall street isn't going to come in while the bubble is popping...
BTC should bring it down a little more. Then I buy some.
I was almost all in long on Bitcoin at 7400$ (after shorting it from 9000), had no money left to buy NEO :(
Crypto has awesome opportunities but they all happen at the same time now (unlike January was alt month and they even took turns <3)
"Mix up ignorance and leverage (every "hedge" fund in 2018) and you get pretty interesting results" - Also Buffet