We all know that RVN is one of the coins which pump in every suitable moment. At the moment we can see a bunch of signs that tell us about possible coming upward impulse: strong convergence and support. Looks like an up-trend. Makes sense to buy some RVN, targets are on the chart.
Important: please remember that investing in altcoins is extremely dangerous at the moment.
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.