100X Moon Bag Filled

acesontop (80)in LeoFinance • 4 years ago

Crypto markets are sometimes irrational, but not all the times, if you have the eye and a bit of experience you will notice that they're quite easy to understand and predict. Look at how the S2F model is so perfectly aligning with BTC's price performance.

When things get absolutely irrational though and out of any grasping power you should better have your mooning bag. That might happen at any point this year, but my gut feeling tells me it will occur sometime in summer or the fall of this year. There are plenty of alts that have scored their 20-30x from their bottoming range already and Bitcoin has had its 20x to from the $3,000 or so where it has bottomed about a year ago.

a very interesting post about the thin line between becoming a billionaire in crypto or staying just a poor millionaire. I guess I'll never be in that position, but money is money and I want to make the most I can this bull market and his post came just like a wake up call. Unfortunately I haven't done the smartest moves so far when it comes to crypto investing, but it's not too late.Yesterday @mindtrap has had

I commented on his post yesterday and was saying that I never been in such a situation of seeing a coin getting 100x over night and probably never will, but the idea is that I realized I don't even have a moon bag. Something that would get ballistic, that I would easily forget about and wake up one morning full of amazement when checking how that investment's doing, so I asked for a recommendation from him.

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Got nothing but a hint. The hint was something between 1 to 15 cents that could potentially do a 100x. So I started digging through coingecko and checked almost all of the altcoins under 20 cents that I found, and picked up my lucky winner. BTS, or Bitshares it's the one. Valued now at 9 cents, it's had its previous 2017 ATH at around $1 and it might get to $10 this bull market. That's 100X from where I bought it.

I can call this my moon bag because I only invested $350 in it and it's basically impossible to lose any money with it, but it still has the potential to get irrational. BTS has just started its uptrend and it has a long way up. Why BTS? For no particular reason other than the fact that it was an under 20 cents coin that has moved very little the past year and has the chance to do a 100X.

This is my 100X bet. But sir, what do you do if it doesn't get to $10? Are you going to get through the next bear market hell tied to it just like you did with other cryptos during the previous one? No, I'm not that moron anymore. Not a genius either, but profits are profits, if the market will get irrational, and it will, I'll simply set some sell limits all the way up, not too close to where the price will dance so I won't end up selling sooner than 100x, but I have my shot to the moon anyway.

Bottom line, BTS is my 100X moon bag that might make me some really good money. Won't probably become a millionaire this bull market, but I will for sure outperform myself when comparing the experience I had with the 2017 one. Once again I will mention that I have no fundamental based logic for picking this coin. I just spent about five minutes looking at charts of a bunch of cryptos that would fit the above mentioned criteria and chose one...

That was BTS. I could have picked DOGE too, but neah. If BTS will get to 100X my price entry and I'll have the strong hands to HODL, like @mindtrap was mentioning in his post that I encourage you to read, I will definitely fly to Greece and have a glass of champagne with him. Even if it's winter when that 100X will occur, in Greece is basically summer all the time, so no problems.

Thanks for attention,
Adrian