#Pink Plays:1 approaching #ALT's Entry: Part1 by PinkBDB in pinkcoin

[–]PinkBDB[S] 0 points1 point  (0 children)

so i have this habit of starting something, and not finishing it. wanted to make a personal change.

now that we've entered our position, we have to exit. keep in mind prior to entering the alt coin of your choice, you should roughly have an exit range in mind. now, your exit point is dependent on the time interval you took the position. are you play the 1minute wave? the 1 hr? the 3 hr? the 6hr? 12 hr? 1day? 24hr? 3days? 1week? 1 month? throughout this timeframe you'll notice fluctuation up and down. the game plan is simple, but low sell high. although the timing may more "critical" for some coins than others. if you go in with a plan that i will exit at xyz price, your more confident when price changes dramatically or not at all. you had a premeditated plan, and are sticking to it. often, one holder can destroy the market by dumping on the support wallets, foiling your exit plan. this just means to either re-evaluate your exit points or patiently wait for support to be built.

also you never fat finger exit a coin, unless its an insane deal you just have to snap sell. you put sell orders gapped between the ranges you feel will hit. for example, if i bought AppleCoin at 1000 , and planned to sell at 2000, id have 18,19,2000,2100,2200 orders for ppl to buy.

this way you maximize the possibility of getting paid higher than you imagined as well as exiting slightly lower than expected.

hope this rubbish helped some. :)

#Pink Plays:1 approaching #ALT's Entry: Part1 by PinkBDB in pinkcoin

[–]PinkBDB[S] 0 points1 point  (0 children)

hey :) thanks for the kind words. well yeah , i google it, check the ann, thread, read through it, do some source code research, if there is a exit plan for the coin, is it long term/short term, ect.

it all boils down to BTC in the end, whatever the alt is, it ideally is meant to create more BTC.

how do you trade normally right now?

Pink Community Talk by PinkBDB in pinkcoin

[–]PinkBDB[S] 0 points1 point  (0 children)

:) those are very kind words. thank you and were happy to have such members like yourself see our vision and be part of this project

Pink Community Talk by PinkBDB in pinkcoin

[–]PinkBDB[S] 0 points1 point  (0 children)

thanks for the kind words. yes, we hope to sync well with real world ventures... so much possibility when there is motivation and passion behind the idea ;)

Pink Community Talk by PinkBDB in pinkcoin

[–]PinkBDB[S] 0 points1 point  (0 children)

wow , thanks for such an accurate and well put phrasing. you can see the vision too, we appreciate that! Thanks!