The whole BTG fork, annoucnement and hype sucked a lot of people into it. If you are one of the people who bought it at $100 and sold at $400 peak good for you.
If you got stuck into it at the peak and hoping it goes up again so you can break even at least, you are with me in this position.
My story with BTG is funny. When it was trading at $400, it had a few flash crashes to $280-$300. So I was pinned to my desk with a limit buy order at $310 so I can dump quickly and make an instant 30% $$$. We had party that night and after 30 minutes of being in front of the computer, a friend came in and I had to go get him from the lobby of our apartment.
Long story short, more guests came and I totally forgot to cancel my limit order. The next morning, I opened up my laptop to check the prices and I noticed that I have BTG in my Bitfinex! Strange! then I remembered that I forgot to cancel the limit order. But it was too late late, BTG was trading below $300 and then I got and didn't want to cut the losses so I waited for it to go up again and look where it is now and I lost 50% of my money in BTG.
Now I see three signals for BTG to become bullish again. The price stablizes between 200 and 170 for the past 3 days.
The slope of Volume Flow Indicator is positive and trend line is moving toward 0 and becoming positive.
And Weis Wave Volume chart shows three picks of green bars showing more buys than sells.
Buy BTG, Go long
If you got stuck into it at the peak and hoping it goes up again so you can break even at least, you are with me in this position.
My story with BTG is funny. When it was trading at $400, it had a few flash crashes to $280-$300. So I was pinned to my desk with a limit buy order at $310 so I can dump quickly and make an instant 30% $$$. We had party that night and after 30 minutes of being in front of the computer, a friend came in and I had to go get him from the lobby of our apartment.
Long story short, more guests came and I totally forgot to cancel my limit order. The next morning, I opened up my laptop to check the prices and I noticed that I have BTG in my Bitfinex! Strange! then I remembered that I forgot to cancel the limit order. But it was too late late, BTG was trading below $300 and then I got and didn't want to cut the losses so I waited for it to go up again and look where it is now and I lost 50% of my money in BTG.
Now I see three signals for BTG to become bullish again. The price stablizes between 200 and 170 for the past 3 days.
The slope of Volume Flow Indicator is positive and trend line is moving toward 0 and becoming positive.
And Weis Wave Volume chart shows three picks of green bars showing more buys than sells.
Buy BTG, Go long