KCS 1D Step-by-step long-term investment #2
We decided to make every week idea for long term investment in Kucoin token
A week ago our investment showed +12%, but today the value of KCSUSDT fell by -12% and is now in the buying zone.
For us, it is a minus, but for someone it can be a profitable buying opportunity. But we stick to the strategy described in the previous idea, so anyone who is interested should reread it to understand the logic of our actions.
From the pluses:
- BTCUSDT fell by -11% KCSUSD by -12% over the week i.e. KCS does not shed much, as risky alts can shed almost twice the price of BTC
- the price was kept on the mini-trend, which have been drawing and pushing up since early December.
- There were no increased volumes on price decrease, i.e., large holders didn't dump their assets, we are waiting for the burst of volumes on the upside movement.
There are different trading strategies and everyone chooses it for himself: with or without stops, the time available for trading, the amount of investment or the state of his nervous system.)
We have restricted this investment with a stop loss of 9.32% and these are the risks we are willing to accept
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
A week ago our investment showed +12%, but today the value of KCSUSDT fell by -12% and is now in the buying zone.
For us, it is a minus, but for someone it can be a profitable buying opportunity. But we stick to the strategy described in the previous idea, so anyone who is interested should reread it to understand the logic of our actions.
From the pluses:
- BTCUSDT fell by -11% KCSUSD by -12% over the week i.e. KCS does not shed much, as risky alts can shed almost twice the price of BTC
- the price was kept on the mini-trend, which have been drawing and pushing up since early December.
- There were no increased volumes on price decrease, i.e., large holders didn't dump their assets, we are waiting for the burst of volumes on the upside movement.
There are different trading strategies and everyone chooses it for himself: with or without stops, the time available for trading, the amount of investment or the state of his nervous system.)
We have restricted this investment with a stop loss of 9.32% and these are the risks we are willing to accept
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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