$NMR is a matter of patience.

15 thg 3, 2021

This year I have seen so many cryptos blow up. And it's really hard to figure out when to sell. The reality is that I'll never get it completely right, but I do take 50% off the table once I see an opportunity to do so. I then scout the market for cryptos that have not yet seen those amazing returns. Once I see altcoins that have consolidated and are gradually turning bullish and ideally, they have a nice traditional charting pattern, I invest & wait. Such charting patterns could be inverse head & shoulders, cup & handle or long-term breakout & backtest. A nice example of a bullish cup & handle setup is Numeraire, where we are very close to the old highs. Once this breaks out, we can see great returns. It could take some time and you may therefore want to wait for a breakout.