OAX [openANX] --- Good profit or another epic fail?

[dx_twisted]

I've recently come back into trading through Binance. After a week of research and thinking the right coins that will build-up my portfolio and hoping that it will reap huge rewards, I first choose OAX which currently sits at #361 in Coinmarketcap. This is the first time that I have decided to go with a coin that is outside of the Top 100. I know that its risky to invest in a less popular coin with a low volume of transaction. However, as per my observation, these type of coins usually surge up faster which fits my requirement in day trading.

My entry point is @ 0.00007276, my exit target is between 0.00007720 to 0.00008900.

What do you guys think regarding this? Am I doing the right thing? Let me know your thoughts.

[zoata87]

I think OpenANX is a legitimate project, so you should be safe. I used to order their Bitcoin visa card before and it works very well as for the OpenANX project, I think it's a great long-term investment and the project is still undervalued so it still has a lot of room to grow.

[dx_twisted]

I think OpenANX is a legitimate project, so you should be safe. I used to order their Bitcoin visa card before and it works very well as for the OpenANX project, I think it's a great long-term investment and the project is still undervalued so it still has a lot of room to grow.

Thanks for your opinion about the project. How long do you think it will take for me to earn a good profit from it? I was thinking for a short-term basis, maybe just 2 weeks up to a month. But, as you have said their project is legitimate and still more room to grow so I'm kinda changing my mind for a bit here.

[dx_twisted]

Okay, so today I end up selling 28 OAX @ 0.00007376 which is an improvement of 0.00000100 from the price that I have bought @ 0.00007276. However, the profit that I have earned from it is just enough to cover the trading fees. There's this Pump and Dump group that I'm currently following at Telegram (which I won't mention the name) that signals the exit should be at 0.00007500. Will observe the market up until tomorrow if it will reach at that point. But, as per its current situation, I sense a possibility that it will get there, never know when.

[palermofc]

I've recently come back into trading through Binance. After a week of research and thinking the right coins that will build-up my portfolio and hoping that it will reap huge rewards, I first choose OAX which currently sits at #361 in Coinmarketcap. This is the first time that I have decided to go with a coin that is outside of the Top 100. I know that its risky to invest in a less popular coin with a low volume of transaction. However, as per my observation, these type of coins usually surge up faster which fits my requirement in day trading.

My entry point is @ 0.00007276, my exit target is between 0.00007720 to 0.00008900.

What do you guys think regarding this? Am I doing the right thing? Let me know your thoughts.

OAX has a good project to invest. Its price dropped nearly half of its previous price recently and it's at a cheap point to buy. Even if it rise back to its older price that makes 2x profit if you do day-trading.

[trumper]

OAX is one of the best projects but if you just trade it, it can give you both profit and loss just like other coins, I think you should hold it for the long term. It also has not crashed too much like some coins. It is very good time to buy it.

[morgan4140]

I think it's a great token. The team has planned many events this year. But I would like to clarify how many tokens there are. I doubt that out of 100 million, only 25 million is on the market.

[mehmet312]

I have investment to oax also, and I like team and project. And everytime somebody pumps Openanx and it rises to 8k and again drops 6700-7k, every 2-3 weeks you can see this rises.

[nsasuiteb]

I hold my oax coins and believe in the project. For me out of top 100, it is one of the coins with high potential so never think it is bad coin. It's about you.

[caisa88]

This is a coin that you should hold long-term. I can see it easily as a top 100 coin once they reach more milestones from their project.
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