Price of burst in this month
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@RichBC Do you have some tips on how to distinguish a pump and dump and a solid uptrend that's here to stay ? I'm not an experienced trader and I often fear selling at the wrong moment and end up doing nothing apart from accumulating
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@BURSTguy said in Price of burst in this month:
@RichBC said in Price of burst in this month:
@BURSTguy I am definitely in for the long term, but... am very happy to sell some when we see a spike and then buy back a few hours later when the price drops. :-)
Rich
Yes...but at some point the price isn't going to go back down, right? :)
Yes agreed however that is a result as well because the lions share which I am not trading is worth more. :-)
@Gadrah I am also no trader, but it's made much easier by being a long term holder with most of my holding from Mining. I usually keep 50-100K on Poly and then when one of the spikes hits I sell 1/2 if it goes up some more I sell some more until it's all gone. Then it's just a waiting game for it to drop for the buy.
What in practice seems to be happening is that all the spikes pull back as they are not driven by real news or events, however they do not pull right back to where we were before, leaving some gain. A win Win.
Rich
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Projects are changing the Value of burst everyday. so much time dedication and hard work is being put in , I hold more then 50% of my burst long and the other for day trading when the time arises
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I've bought all that I could. Now everything is in assets. For me, can go moon now :D
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@JotaJota hope you've saved some to check out the MTB Asset ;)
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@JotaJota said in Price of burst in this month:
I've bought all that I could. Now everything is in assets. For me, can go moon now :D
I agree!!
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Looks like we'll never see Burst at less than 110 for some time. 120 sats is the support now. The way it looks = accumulation. Crowetic said in alttech.chat and its looking like a nice pump will come soon. If I had sell orders to trade, in this moment I was raising the sell orders. who knows, maybe will hit 200 again. And I hope that stays this time :D
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@JotaJota I don't think it will stay that high but it might drop to about 160-170 and settle there instead of 120
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@rapidfireman I know. But its good to be optimistic rsrs
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The price took a little hop, it could be the start of something big...
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@rapidfireman yeah, I'm just watching
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@JotaJota Burst looks like it's Busting... for a rise. Seems to be a solid floor at 120 and the attempts to get through 130 are becoming more frequent. :-)
Rich
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Nice steady climb over the last 24 Hours. :-)
Rich
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Going up right now ! 145 sat :)
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250 all the way up !!!!!
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@Kenwood Who knows? :D
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Some new guys jumping in. At least from here. Just appeared a 5 btc on buy orders 5 minutes ago.
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@JotaJota There will be a pull back, but I like the look of this rise. Hopefully a new floor will be set around 140?
Rich
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@RichBC said in Price of burst in this month:
@JotaJota There will be a pull back, but I like the look of this rise. Hopefully a new floor will be set around 140?
Rich
Id say 150
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People heading into ETH right now. Let's see how this gonna be.

