Trade your BLURT to BTC and vice versa at Ionomy
Implemented the 50 Moving average to give a prive value range of the last 50 days. Also using the Heikin Ashin candles to give a better focus on the trending aspect of this time frame. This is to know better on deciding to stick with the trend or get out. To know when to buy buy and sell when you feel the need to. Not for the purpose of regular day trading but strategy but knowing when to sell for what you have earned when you bought in or for what you have earned whilst blogging.
I also left what I personally consider a support in plain view at .00000018 to .00000016 satoshis. This was the all time low in general since price dropped.
There is a variety of reasons of why this could have happened for the reasons are the same across the board. Btc dropped considerably but still remains on a continuing path upward despite its drop. All one needs to see is see the entire history to get an idea that patterns do repeat. All time highs and all time lows depending on the medium price range. But this price range is on a strong uptrend since it started. So what causes prices to drop?
Selling. Obviously.
The purpose of these sells range in extremely various different reasons. War, scamdemics, poverty, business opportunities, the needs for survival, change of investment plans, fomo (it can go both ways), etc ad infinitum of possibilities. The reasons that it stays can be the same reasons aswell. People who bought at the top have no choice now but to hold onto their coins and wait.
Lets say for example you bought BLURT at the highs last year and it dropped as it did, would your logic say to sell now at it's low?
For some this may be a yes for the fear of losing more. But if you don't invest your wealth that you need, this would just be some safe gamble. "Win or lose who cares". After all your investments from the leisure funds. The leisure funds in this case dear reader is that extra income that you have left over after your dues to society, responsibilities, rainy day funds, survival needs and much more probably.
When I joined in early November of 2021 BLURT price was in the 0.00000060ish range when I liquidated hive and bought in. In a fit of rage and for the distaste in the censorship going on in hive. So selling at this price is illogical for me. Yet again, it wouldn't have been a loss either, because I am not here for the money but for searching for entertainment, to express myself, stay up to date with current events and build friendly relationships with the world populace. Everything else is just a bonus. So I humbly appreciate your donations via votes.
I did power down 2kblurt and bought DTUBE tokens since I saw a dip. I bought 170 DTUBE in the recent dip. Whether it goes up or down is unkown to me but the the head and shoulders pattern suggests it will go up. It didnt matter to me whether if will go down continuesly. It was low risk investment with the possibility of gaining much exponential growth.
Being how dtube is intergrated with hive and blurt and amongst others, i saw an opportunity of growth in value with money I had nothing to lose. So whether win or lose in its value, It does not matter to me. If its in the positive side to sell, i will sell when yhe opportunity rises. It's always at your own risk. Which I suggest to never invest money you can't afford to lose.
That is the current price and also when I bought in. Its the first time I buy DTUBE tokens. Whatsoever gains I get I will afterward, I will use it to invest into being independent from control, whether it be from the electeical and water grid or from food.
Looking back at BLURT, we are seeing a resistence at approximately the .00000028 price range. And with the most recent candle beig still red, the sellers have the current advantage. So this might be a good point to sell if your buy in was at a lower price such as that of which I have marked. I think this could ge in the accumulation stage and just the beginning of it, but we shall see how that turns out as time passes.
Please don't take anything I have laid out
seriously, these are justy my amateur opinions and speculation. The purpose of my writing this was to share how I decide when to sell whem the need arises and not for the reasons of being a pro trader. Please consult a professional gambler crypto trader for in depth info.
///
Congratulations!
You have recieved a coconutty upvote! 🥥
Thank you for contributing to the Blurt Blockchain!
Keep up the great work!
Curated by @outofthematrix!
Please take a moment to vote for my witness! 🗳️ https://blurtwallet.com/~witnesses?highlight=outofthematrix