I started a long term trade for this coin back in December 4 2017, so far, it is still looking solid and even with the very deep and strong market wide correction, the price swings for PAY has been small compared to many of the coins available on this market.
There is also rumor that PAY is going to be added to Binance. It actually looks like a Binance friendly coin. This can give a nice boost to our trade if this comes to happen (this hasn't been confirmed, do not take this as a signal but rather just as a rumor that might come true).
News: COMIT NETWORK is being released, a new platform linking cryptocoins together for payments. (I received this tip from a very good source that only trades on fundamentals. He is strong on PAY based on coming news). More info: http://www.comit.network.
Plus some events coming soon where TenX Pay Token (PAY) is relevant...
- 12 February 2018 ( Bitcoin Singapore Meetup)
- 16 February 2018 ( Bitcoin SuperConference)
- 20 March 2018 (Token2049 Hong Kong)
- More on the 28th and finally a new card issuer on the 31 March 2018. ( TenX Pay Token issues a debit card that can be used with many different cryptocurrencies)
This will be a long term trade, for a strong and long term coin with a real and useful product.
Let's look at the trading instructions (this is more of a fundamentals based trade rather than chart indicators, so we won't be looking at those this time around).
*** TenX Pay Token Trade Analysis by Alan Masters
Buy-in range: 0.000190 - 0.000255
Feel free to buy as much as you want. If this coin is added to Binance, this will be one big party. If not, this is still a very strong coin / trade and lots of big developments are coming in the following days, weeks and months.
(8) 0.002702 (New all time high)
Note: If you are going long term, sell small on the first two targets.
Note: If you want to go long term, you can use 0.000144 as stop loss in case the coin goes down.
*** Message: Dedication
Dedication is when you want something, with or without the support of the world.
When you strive to get it, putting your mind, soul and body, into it. Giving it everything in order to fulfill your goals.
Dedication is not about hard working or hard work. It is not about meditation. It is about achieving, regardless of the method, everything that you want.
It might require concentration and hard work, yes, but that is not what dedication is. Dedication is the feeling that it can be hard, easy or long, no matter what happens, you enjoy the ride, in the end you will always win.
I am dedicated to sharing with you what I think can be profitable, for you and me.
My dedication makes me happy, because I know for sure that we can both win.
Me and You my friend. Now & Always...
Feel free to buy-in, re-buy and reload.
It goes against Bitcoin, so when Bitcoin moves up it moves down. So for now we hold.
I am not using the stop loss here even if it hits, because I am holding it for long. But you can activate your stop loss if you see the price crashing down hard.
I believe we will see action in the near future. Please allow this trade time to develop.
I am using this decline in price as an opportunity to rebuy and reload.
You can close this trade if you like at a loss. I rather hold & wait and sell later down the road for profit.
I will track for a few days and post an updated trade idea, as promised, with new entry points, updated targets and more if a new trend is established.
Please post your questions, comments, likes, shares and follow in this new trade idea (just click on the image below):
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Also please allow this, and any other trade, time to develop.