DRGN/BTC
I would NOT chase the run we’ve seen in the last few days on DRGN. Excellent way to get burnt.
There is rumor DRGN will be listed on upbit. Ironically this came out right around the time 21 Cryptos Magazine announced DRGN as their number 1 pick.
If you want to get in now (in the 10.5K - 12K sat range), you can, but start with a SMALL position. I repeat, SMALL position to start.
Ideal Entry:
0.00007777 - 0.00009562
I recommend stacking your bids from 9562 down to 7777. If you guys take one thing from this channel, I hope it’s the importance of patience. No need to chase. This is not your only chance to make money. New trading opportunities come in every day.
Profit Objectives:
Option 1: Sell 50% of your position each time value doubles. (This is what I’m doing as I’m adding DRGN to my long-term portfolio and expecting big growth over the years)
Option 2: Sell 100% of your position at 20.8K sats. This is a 50% retracement of previous highs. Easy profit objective if you’re willing to hold for a little while.
Buy It On:
Kucoin Exchange
www.kucoin.com