VRC Looks really promising as technology ( Binary-Chain Blockchain Protocol ) to take this coin up and up in this new year to come , this is a long term hold not for day trader, the community is very strong the team has strong technical base and they are very active on all social media, They have been around for some time now and working hard to push this technology they just released there latest version of vericoin Wallet, the RSI looks to me that it has been oversold and it's a good time to accumulate.
First target : 6300 Second Target : 9200 Stop Lose : 2000 Don't forget your stop lose, this is not a financial advise but my personal opinion . Good luck to all of us. Let me know what you think by commenting bellow .
Trade active
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Trade active
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ok this was faster then i tough , first target reached , Congratulation to who follow me from yesterday and bought in , who got in yesterday as already made 100% , if you have not sold by now that's mean you are still with me trying to reach the second target 9200 , if so my plane when i do this if you look LTC i sell 50% at first target 25% at second target and keep 25% always just in case one day it goes to the Moon , so in this case you should sell your first 50% of coins and take profit and wait for the second target for the other 25% . don't forget your stop lose : New Stop Lose : 6300 Good luck to all of you. Please comment and let me know what you think about.
Trade closed: stop reached
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we have to wait for it to get a new push up , i think is going to go more down before going up so we would have another good time to buy into it and make again a good profit. Thank you all , and comment and let me know what you think.
Intersting; You start with stating VRC is a ling term hold, but within a day after your trade idea, you tell people to sell 50% :) I'm wondering if you have a position in VTC currently, and what your view is towards the two jumps it made. Their website drips of technical people, their video on their main page is very technical; No marketing around this coin as far as I can see from their website. Also no business focus. Also wondering what it means to be 10x faster than Bitcoin. Steem is a gazillion times faster already with 3 second blocktimes. EOS will be eve faster. What is then the USP of VTC compared to Steem and EOS?
blackangel
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@edje42, Not sure I understand all your question , but I would try to answer what I think you may asking :
First, yes I say it was a long hold on VRC because I think in 2018 it would go very high
but at the same time i’m a day trader, so you have my opinion on the coin for a, long
term however at the same time I put the target, and how you can see we reached the first
target 6200 and went over almost to the second target 9200 now I don’t tell anyone what to do , I just give you my opinion but you have to do your homework a search the coin and do what you think is best in your own interest, now I sold 50% of my position at the first target 25% I keep for the second target and in this case keep 25% for the long run just in case one day it goes to the moon. I say before I'm a day trader and I try to sell no more the 24 hours after 100% of my position , now regarding VRC if you went in at the moment I say you could have sold your entire position with 100% profit ( like I say you do what you want I just tell what I do ).
Second yes I have a position in VTC and I see lots of potential for this coin ( it is a fork of LTC with a few benefit) yes the jump it made was because it’s trying to go higher but you always have to look what BTC is doing, usually if BTC goes up altcoin go down, give some time and VTC would go back up at much higher price it went.
When you talking about website I suppose you talking about VRC : yes is very technical and the technology is very good, that’s why I keep a position open on this coin till the end of next year.
Well when it comes to transaction speed the fastest is BitShares averages 1.5 second transaction speed , second is Steem and so on. Hope I answered all your question and if I forgot something just let me know.
edje42
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@blackangel, thank you for your comprehensive answer. you for sure did answer all my question, thank you so much. I fully understand you are not telling us/me what to do :) I liked your trading advise which was comprehensive and made sense to me, and that resulted in my questions, thats all :)
- I'm a newbie in trading and done some breakout trading taking 20% profits with 100% sell > your system with 50/25/25 seems kinda interesting, will look into that further
- VRC website/presentation: indeed I mentioned VRC and indeed I know of BTS being the quickest > for some reason Steem team is not stepping up the latter to position Steem as a generic coin, but they are working on what they call SMT, meaning with SMT people can define their own tokens on the Steem blockchain. When EOS release their work, I expect that blockchain to compete directly on fastness
- VRC long: understand what you are doing here; I generally like those who are honest and dont use market blah blah blah, that is for sure a BIG PLUS for the VRC team, but with more business focussed people entering cryptospace with other coins, it may be a negative to stand out in the crowd; Still need to get my head around the market possibilities wrt all the element: technology, marketing, services etc