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Some days back I told about my love and passion for PGS in Some Coins are So Much Profitable thread. This is 2nd part. I've checked PGS today and it seems dropped continuously. So suddenly something came to my mind that I love to share.
Please see the graph below. What if I buy $5 right now as a giveaway if it rises sharply right after my purchase I need to buy with rest of my budget ($20 to $60 say). But if not its like a giveaway I am dropping $5 willingly to buy an opportunity that I may get or miss (Even if I miss thats also probably my profit as price can go higher). From price 4 (which is 0.0004 USD nearly) it may jump to 9 to 12 or it may drop continuously below 2. We dont know for sure. But if I take decision to buy PGS as a lot of continuous red candles already happened so huge green may appear - may be in a day 3x opportunity.
This kind of strategy is like maximum 3 steps safe. like I have $50 I purchase $5 now at price 4. $10 again at price 2 if it goes down. and even if it goes 1.5 that is 0.00015 then buy rest $35. in case it goes further down I will keep an eye on it and can consider all purchase as a long time trade too cause it may turn back to 0.005 (In february I sold at 0.0089). So ultimately quite safe for a coin which comes back and fluctuates more. This going down is an opportunity I see. PGS went absolute high after listed on MXC and downfall is still going on though very much profitable within this loss time too of its lifecycle.
Those who missed part 1 can check it out here please:
https://www.beermoneyforum.com/threads/some-coins-are-so-much-profitable.81330/
Please see the graph below. What if I buy $5 right now as a giveaway if it rises sharply right after my purchase I need to buy with rest of my budget ($20 to $60 say). But if not its like a giveaway I am dropping $5 willingly to buy an opportunity that I may get or miss (Even if I miss thats also probably my profit as price can go higher). From price 4 (which is 0.0004 USD nearly) it may jump to 9 to 12 or it may drop continuously below 2. We dont know for sure. But if I take decision to buy PGS as a lot of continuous red candles already happened so huge green may appear - may be in a day 3x opportunity.
This kind of strategy is like maximum 3 steps safe. like I have $50 I purchase $5 now at price 4. $10 again at price 2 if it goes down. and even if it goes 1.5 that is 0.00015 then buy rest $35. in case it goes further down I will keep an eye on it and can consider all purchase as a long time trade too cause it may turn back to 0.005 (In february I sold at 0.0089). So ultimately quite safe for a coin which comes back and fluctuates more. This going down is an opportunity I see. PGS went absolute high after listed on MXC and downfall is still going on though very much profitable within this loss time too of its lifecycle.
Those who missed part 1 can check it out here please:
https://www.beermoneyforum.com/threads/some-coins-are-so-much-profitable.81330/
