API3 pattern & the build of the oracle solution and a 2X
API3 has been of significant interest for a while. Originally what read as a very smart way to solve the oracle problem with a decentralized API, subsequent partnerships with 0chain and others set API3 up as a powerful solution to assist in getting real world data onto chain. Without traditional nodes providing better data integrity, monetary benefits as well as providing a solution to data holders without an existing API should provide better ability for more real world data being brought on chain via 1st and 3rd party oracles. Multi-chain solution as part of a growing wide ecosystem plays well into a future where all data is available on chain from industry to industry which need verifiable data for business decisions. A combination of API3 and other solutions is a robust answer to ranging issues. Providing potential solutions for supply chain, file storage, privacy, again data... Not betting on another oracle but what can make oracles better and assist data owners with an easier way to develop API's to get data into oracles, maintain data integrity and subsequently and easily then on chain. From Smart Cities to non crypto related data a wide ranging and flexible solution.
Recent wick down is creating a similar patters to prior periods resulting hopefully repeating a 2X on investment prior to full potential being unleashed. Goal is to secure profits and remove investment to spread to other solutions growing at break neck speed for the blockchain future. In the lower area of an earlier selected buy zone must first get through and hold above $7 to move to a 2X in the $10 range. Buying $5.15 to $4.7, SL $4.028. TP is $10.3 or wherever a 2X lands after DCA.Sitting right around significant past daily support/resistance. Risk if breaks down further but protocol/utility of significance for a long term hold at least of profits.
Recent wick down is creating a similar patters to prior periods resulting hopefully repeating a 2X on investment prior to full potential being unleashed. Goal is to secure profits and remove investment to spread to other solutions growing at break neck speed for the blockchain future. In the lower area of an earlier selected buy zone must first get through and hold above $7 to move to a 2X in the $10 range. Buying $5.15 to $4.7, SL $4.028. TP is $10.3 or wherever a 2X lands after DCA.Sitting right around significant past daily support/resistance. Risk if breaks down further but protocol/utility of significance for a long term hold at least of profits.
Comment:
Wicked down and got walloped during the crash. Taking advantage and doubling down on API1 between 3.5 & 4.1 (filled new avg 4.325) moving a 2X to 8.65. New SL 3.2
Comment:
API3 do doubt was set back in achieving targeted pricing during the flash crash not long ago, unsurprisingly with so many partnerships in place with main nets and all types of organizations, however it's ability to maintain a repeated pattern and no slowing down in partnerships and solutions both the reduced 2X and the original are certain to be matched in relatively short order.
Comment:
Still buying to 3.5 w SL 3.2