I've followed IOTA for the past 5 or 6 months.
What I've noticed for most of those months is IOTA struggles to go much higher than $2.
But I have noticed that IOTA does bounce nicely if BTC is in recovery mode for 3 to 5 days.
We are currently just below $1. Based on what I see here ... I'd say anything down to around $0.7 is a reasonable
buy ... but, you'll need to hope that it doesn't go below 0.7 because it can get ugly below that.
But no doubt from what I've seen, I'd start taking profit in the $1.7/$1.8 range and be fully out by $2, looking to put my money
somewhere else. It could go higher, but for me, not worth the gamble.
I wouldn't say this is the highest coin on my list to invest in, despite the decent following.
Remember only a fool relies on one potential outcome.
Do not use this information for investment/financial decisions. For educational purposes only.
What I've noticed for most of those months is IOTA struggles to go much higher than $2.
But I have noticed that IOTA does bounce nicely if BTC is in recovery mode for 3 to 5 days.
We are currently just below $1. Based on what I see here ... I'd say anything down to around $0.7 is a reasonable
buy ... but, you'll need to hope that it doesn't go below 0.7 because it can get ugly below that.
But no doubt from what I've seen, I'd start taking profit in the $1.7/$1.8 range and be fully out by $2, looking to put my money
somewhere else. It could go higher, but for me, not worth the gamble.
I wouldn't say this is the highest coin on my list to invest in, despite the decent following.
Remember only a fool relies on one potential outcome.
Do not use this information for investment/financial decisions. For educational purposes only.