xmr-btc It's that time again - whale migration season
XMR is a good cryptocurrency with strong community. When i have a few bucks laying around, I add small amounts of XMR to my portfolio. I've been mining it for quite some time now.
Respecting a crypto for its tightly knit community and trading it is completely seperate things however. XMR has a peculiar habit to revisit its very bottom support line. It's happened twice before and "I believe" it will happen again. Very soon.
My trade strategy for the next 3 months:
- Wait if it dips below 0.013 btc
- Rack up buy orders between 0.0120 ; 0.0125
- Wait if price movent starts to stall anywhere between 0.021 to 0.023 and sell.
- Rebuy at 0.0135 and ride it to the moon.
Respecting a crypto for its tightly knit community and trading it is completely seperate things however. XMR has a peculiar habit to revisit its very bottom support line. It's happened twice before and "I believe" it will happen again. Very soon.
My trade strategy for the next 3 months:
- Wait if it dips below 0.013 btc
- Rack up buy orders between 0.0120 ; 0.0125
- Wait if price movent starts to stall anywhere between 0.021 to 0.023 and sell.
- Rebuy at 0.0135 and ride it to the moon.