Hello guys, Trading is my new habit.
I have some question to ask and your input will really be appreciated.
In trading I prefer long term trading ( Position trade ) since it give me more time and big profit than paying 24/7 on a computer to do swing trade.
Do you recommend trading on low volume Alt coin which have high potential of profit or trading on high volume top coin which have more risk and less profit as well!!.
I plan on buying #MBL ( #MovieBloc ) within 18 - 23 sats
and hodl for some time let says within a week to 3 weeks and sell at either 25, 28, 30 sats.
At the moment #MBL has a very low volume but I know buying now when the volume is low is an opportunity to make good profit when the volume start building up.
Trading this way is more profitable to me than doing swing trade which some times get me reckt. At the current price of #MBL going in with 2 Btc at 18 sats and selling at either 28 sats might make me a good profit of 1.12 BTC.
So do you recommend me going in for trade with more potential or trade with huge volume which may possible get me reckt ?
Technical Analysis https://i.ibb.co/0m7Mz0M/photo-2020-08-07-09-57-27.jpg Nice T.A Analysis. If BTC start dumping, many Alt may start pumping. I think #MBL is a good coin for position trade.
Thanks very much with the T.A.