So, I’m currently stuck in SALT, feeling both FOMO and justed at the same time. But instead of moping around, listening to emo music and playing online games to take my mind off of things – I’ve decided to plan ahead for my next trades.
I’ve heard some positive things about NAVCoin (NAV), so now that I have some downtime, I’m going to casually research the coin for any short-term gain possibilities.
Here’s what I’ve uncovered:
- NAVCoin dutifully posts updates to its website every week (sometimes more often when they have some kind of event or news).
- I’ve looked at the price history and find that on the day of their update, the price of NAV moons. I’m looking at December 27, 2017, December 20, 2017, December 13, 2017, and December 6, 2017.
- The moon can be huge or mildly significant, depending on how big or small the update is.
The point is, there’s some kind of moon when the news comes out – so I can make some easy profit possibly by buying in anticipation of the next update which should be on January 3, 2018.
But I think that if I don’t sell fast, I could get seriouslyjusted. Just look at this!
If I took a ride on that red candle to hell, I’d probably be curled up into a bawl looking like one of those pink emojis on 4chan.
I think after leaving SALT, I’ll take up a position in NAV – but the issue is, the price is currently high. NAV is currently B0.00024501, which at first glance, looks like a crashed price. But if you scroll back weeks, you’ll see that NAV varies wildly between B0.00011 to B0.00019. It really feels like a risk buying at the current price.
I’m going to wait for a little bit and see if NAV drops to the teens, then I’ll consider buying in. If it moons even more for New Year’s, then I won’t FOMO in – I’ll just toss it as a missed trade and move on. The risk-reward of the pump on the 3rd is not worth it.
Do not follow me or rely on my word for your own crypto trading. This is not investment advice – it’s a blog post about my own adventures in trading cryptocurrencies. If you choose to copy my decisions, you do so at your own potentially probable financial peril. I’m not an expert in cryptocurrency trading and do not purport to be.