MTLUSD Long Term Hold
Updated
Technicals
no new lower lows like the majority of coins
near to its all-time-low, but makes higher lows
great risk reward, SL at 2.90 on a close
Fundamentals
concentrating on India and mobile payments, huge grows potential there
- hiring people in the metropole Dehli
- great mobil infrastructur in India
(imo great tool to get exposure to India)
still good interest, shown through volume
search engine stats look very good, steady increase
Risk
- government (that they are hiring people from India makes a bit less risky imo)
- btc dropping like a stone (but Metal is in an uptrend against BTC)
no new lower lows like the majority of coins
near to its all-time-low, but makes higher lows
great risk reward, SL at 2.90 on a close
Fundamentals
concentrating on India and mobile payments, huge grows potential there
- hiring people in the metropole Dehli
- great mobil infrastructur in India
(imo great tool to get exposure to India)
still good interest, shown through volume
search engine stats look very good, steady increase
Risk
- government (that they are hiring people from India makes a bit less risky imo)
- btc dropping like a stone (but Metal is in an uptrend against BTC)
Order cancelled
too fast decisionlost like 3,5% to get in and out
I see more signifcant risks, also because its built on ETH. I've not done enough due dilligence to go long yet. I will keep an eye on it...
Good Luck Fellas
Order cancelled
just to clarify, I bought and sold within 30min. Was not a trade, but rather a mistake. My due dilligence were also rather shallow.The negative comments I received are surely justified.
Well, next time I'll try to deliver some more quality.
Anyways good luck.
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