More liquidity = more volume = more trading = chances to profit = more investing?
Let me know where I should be trying to catch this falling knife lol, below 10 cents?
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More liquidity = more volume = more trading = chances to profit = more investing?
Let me know where I should be trying to catch this falling knife lol, below 10 cents?
There is no way to be sure. I have some buys set at 1 cent or below but I will probably start buying once it goes below 10 cents. That is not advice though. You have to decide for yourself I'm afraid. You can reduce your risk by spreading out your buys over time. So if you have a hundred dollars for example it is better to buy 5 dollars worth every day over 20 days than just spend it all on a single buy.
Wow, it is nice to know where you think the "floor" is, I appreciate that a lot. I am sure we will have an idea by the end of the week. Some increased volume will be nice, that can help raise awareness.
Well I could be completely wrong though. Markets can surprise you frequently.
Sub 10 cents I see as a possibility, sub 1 cent not so much. Not sure anyone profits from a 2000% drop like that, but this is crypto lol
This is based on nothing though, just intuition. People that can look into charts and make fancy lines remind me of bone-readers lol.
Yes I agree:) Best to have some low orders just in case but it is unlikely.