My Three Big Crypto Currency Trades for June.
June is Going to Be an Epic Month in the World of Crypto Currency.
Every month I am going to let you know my big three trades. I will choose 3 Crypto Currencies that I think will do well during the month and why. My trading is pretty simple. I buy on rumors and take profits on news. So when there is an upcoming update or release for a Crypto Currency I take notice. For these trades I am not using Elliot Wave Theory. These are purely based on upcoming news.
Here Are My Choices for June.
Stratis- I Actually started building my position for Stratis about a week ago. The price is already up nearly 100% from where I bought in. This token is a competitor for Ethereum. They continue to have updates rolling out. My price target for June is .0045 or around $10. All of my friends in the Crypto Currency space are excited about Stratis. I will not be selling this one.
Synereo AMP- This is a competitor to Steemit. They have a blockchain social media platform going into Beta in June. Qrator is Moving from Alpha to Beta click to read the article. This is the team that had the catastrophic breakdown on Youtube after having a fund raising round. I have no allegiance to their platform but I do like to profit and I believe this one could double up. It is up 20% since yesterday. My price target for June is .0002 or around $.50. I will sell 100% if it reaches my target.
Swarm City SWT- The SWT community is highly anticipating the June 15 launch of their first viable product called Boardwalk. Sign Up for the Livestream. You might not know it but I helped them during their ICO. I like the Dev team and the community is amazing. SWT is working to be the UBER or LYFT on the Blockchain. Today SWT is on sale it was down 30% overnight! My price target for June is .0013 or around $3. I will take some profits but this project is one that I am excited about.
This is Not Investment Advice, Just My Personal Trades.
Have fun and only risk what you are willing to lose in the world of Crypto Currencies. For those that do not know I have not invested a dime in Crypto for over a year. I am using only house money now. You can do the same. Buy when tokens are on sale and sell when the price is up. It is as simple as that.
Now there is one caviat in all of this. Bitcoin needs to stay stable or trend upwards for these trades to work out. If Bitcoin sky rockets then Altcoins will take a tumble. If Bitcoin drops considerably it will take altcoins with it for a short while and then alts will recover. Whatever happens just know that this is the equivalent of a roller coaster ride.
Update.
All of my targets have been reached as of 06/04. Taking my BTC off the table and playing with house money.
Great to have an advisor in this area. It's difficult to manage all these alt coins. I have positions in 4 tokens already and it's difficult to just keep up with them..
Great information. We have been intraday trading manually and via a auto trader at night on ETH and it can do well. Also we always like to stock up on cool alt coins.
I am taking your advice and got $600 Swarm City.
I am slowly selling $6k of Zclassic since I see so many triples, dbls and X10's all over. Great info STEEM (boss).
TRUSTPLUS is one of my money makers.
As well as a few others.
STEEM ON.
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Thank you for the tips, re-steeming and going back on my feed voting I just wanted to check up on you, seems like you have some good ideas :)
Interesting, I always like to the market views of others. Definitely keep this series up!
Definitely, I just thought of it today because people are always asking what tokens I like.
Thanks for sharing your investment ideas in cryptocurrencies.
What do you think of PIVX?
pivx has the potential to hit 10$..by the end of the year..holding it myself for past 2 months
I had a great run the other night with PIVX. It will do very well long term I believe. I will buy back in when the price drops about 20%.
And its a good thing that pivx is not rising and is at 1-2 dollar range...it gives us a chance to sell it at high price and buy it at dips...which will let us have more pivx for the same amount of btc...originally had 750 pivx..jus t by buying and selling at every 20 cents fluctuation was able to make it to 1100 pivx...hope it stays in this range for 1-2 months so that i can accumulate about 2000-2500 pivx..
Great read. I'm excited for the road ahead with Crypto Currency.
Investment to Lifestyle is my Investment Management Idea.
Following and VOTED.
Great idea to help others with your knowledge.
ARAGON is another PERSONAL favorite only because it was STRONG right outta the gate and never lost momentum up until the PULLBACK.
In a couple days we should be able to gauge the next couple weeks.
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Followed you back. Thank you.
Great choices... it makes a lot of sense. Congrats!
Thank you for reading @Arnel!
Following and voted.
Helping Others To Help (others) 1 By 1.
Thank you
Thanks for the update, been starting to diversify cryptos. May need to add one of these to the spread!
as someone new to the crpyto world, i appreciate this kind of information even though i know it isn't advice, it definitely helps. Thanks a lot my friend.
GREAT support feed.
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STEEM on.