LISK reached $12 last week as people were speculating the rebrand date was going to be the 22nd of November, 2017 in the previous Berlin meetup. It was apparently a shock to many that they had to wait another 3 months, so people panic sold and weak hands are selling as well, which brought down the price to $7.50 (~80000 satoshis)
We are approaching the ideal entry zone where you can accumulate more LISK. The light green zone is a safe entry and the dark green zone is the PERFECT entry for accumulation. Are we going to reach the dark green strong buy zone? Maybe, but I doubt which is why I am accumulating LISK and will eventually reach full LISK position if we happen to hit the dark green zone.
30% BUYS at 80000 - 77000 satoshis
30% BUYS at 77000 - 72000 satoshis
40% BUYS at 72000 - 64000 satoshis (Our strong buy zone)
I noted the target profits in the chart above and I will personally consider taking profit between TP2 - TP4
Target Profits (% profit calculated on an average of 7700 satoshi entry):
TP1: 129000 Satoshis - 67% PROFIT
TP2: 158000 Satoshis - 105% PROFIT
TP3: 191000 Satoshis - 148% PROFIT
TP4: 210000 Satoshis - 172% PROFIT
What if we don't get the chance to buy within the strong buy zone? Then you can either consider the 60% position to be enough and take profit if everything goes well... Or you can take a full position within the 1st and/or 2nd buy zones (As a longterm, you will probably be at good profits)
BUY THE FEAR! BUY WHEN EVERYONE IS SELLING :)
Good luck and keep profiting.
PS: I am not a financial adviser so trade/invest at your own due diligence and ONLY invest/trade with what you can afford to lose.
This reminds me of the chance to buy ETHEREUM at $6 months before it started it's rally to $400 last year.
I bought in my final 60% position in LISK at an average of 6800 satoshis making my average buy price of LISK at ~7150 satoshis ($7.70).
Holding LISK till March 2018, where I expect a rally taking lisk to above $20 where I will be cashing out my initial investment and leaving my profits in anticipation to a 3 figure LISK by the end of 2018.
This is going to be a good ride indeed :)
Donations are welcome:
LISK ADDRESS: 16913548886128029224L
Destination ----------> MOON
We have 2 support levels for LISK:
1st support 45,000 Satoshi
2nd support 28,425 Satoshi
Current price is around 48,000 satoshi ($8.70)
If you followed our buy zones, your average buy price should be around $7.50
I am personally holding onto LISK for the longterm. I invest mainly on fundamentals!
PS: If you happento sell at 99,0000 and the 100,000 satoshi resistance breaks, make sure you hop in again at 101,500 satoshis and board this rocket to the moon and not get left out. Good luck!
Next stop, TP2 :)
Congrats to all Lisk holders... See you at TP3!
The party is just getting started :)
Congrats to all Lisk holders... See you at TP4 next month! :)
If we reach TP4 earlier than expected, then we will have additional targets for February at an additional 50%-100% profit target. Patience is a virtue :)
Our "Strong Buy Area" was at around $7 and the current price is $35 which makes this a 400% profit in a little over a month.
I will update the new LISK targets soon.
I have updated the new LISK targets here (Another 200% Potential):
BTC has been parabolic this week and 96% of coins faced significant drops in BTC value. I still believe in LISK and its great fundamentals with a potential 3x - 6x within the next 3 months! BTC is currently in bubble territory and a correction is imminent imo.
If you are not into taking risks, just hold onto your BTC for the next 5 years :)