Today, I'm excited to kick off a new journey into the world of cryptocurrencies by sharing with you my new investment asset WAVES/USDT.
Fundamental analysis:
Good margin between the current market capitalization and the all-time high market cap.
Strong project
Strong community
The coin intersects with many domains (high volume)
Negative point : no max supply
Money management strategy:
The designated capital for this trade is $436+500$. Here's how the funds will be allocated:
1st Order ($436 spot): Placed at the current market price. This order aims to enter the market after the accumulation phase exiting.
2nd Order ($500 spot): Set around $1.269. This price level aligns with a strong weekly support and the bear market bottom, making it a strategic adjustment price point.
The objective of this investment is to take profits at 5xbut can be flexible depending on market conditions.
I won't be adding any additional orders below these levels.
Happy trading, everyone!
This is not an investment advice, I am only sharing my own portfolio ;)
Trade active
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Hello ,
I wish to share an update regarding my recent trade.
No changes regarding the orders and the strategy . I am waiting for the second order to be executed to adjust my entry price lower.
This correction is beneficial for the market, presenting an excellent opportunity to trade with larger positions.
Happy trading !
Trade active
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Hello,
Still no changes regarding the orders and the strategy .
Happy trading !
Trade active
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Hello,
Still no changes regarding the orders and the strategy . It is normal that the trade can take time. The accumulation will bring more returns.
Do you really want to wait for a crash to buy @t1.26? Even in this bullrun? Am I missing something?
Monstralian
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@Cryptonycs, As presented in the chart , I am already in the investment with my first order. The second order is there just - in case - of flash crash or reaccumulation. It helps me to adjust my entry price lower. If this doesn’t happen, no problem because I am already in the investment with my first order. I hope you understand my investment strategy (these are my rules ^^). Thank you for your comment.
omiii11
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Do you actually think it can touch 1.2$?
Monstralian
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@omiii11, Placing a second investment order does not guarantee that the price will decrease to that level. My trading strategy involves dividing the allocated amount for each investment into 2 or 3 entries. The first order serves as an initial investment, while the second order acts as a safety measure in the event of a flash crash or if the coin returns to an accumulation phase. By doing this, if the second order is triggered, my entry price will be adjusted downwards. And if the price doesn't reach that level, I am already in the investment . Thank you for your comment
omiii11
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@AnassDA thank you for explaining
sumairk
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dont think waves could recover..it had moments but couldnt make impact in this bullrun. the project is good as dead mb and no interest..sold it
Monstralian
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@sumairk, This is the risk we take when investing.
sumairk
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@AnassDA, the buyer interest is seen no where mate, it cant even handle good support unlike 50% market... some news could trigger it else i dont think it is well suited to run in 2024 to highs..my two cents.