At Coin Inquire, we offer free Trade Signals & Analysis of Long ETH/USD and other cryptocurrencies. Today Aug 5th, 2019, we are beginning a new series of free Signals & Analysis for top cryptocurrencies including Long ETH/USD.
Trade: LONG ETHUSD [Etherum]
Buy-in: $209 – $214
Time frame: 4H
Stop-loss: Close daily (1D candle) below $207
Liq. price: $194.80
(Buy-in calculated at $214)
Potential profits: 84.1% ROE
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.