macrobear

MTLUSD Long Term Hold

Alış
macrobear Güncellendi   
BITTREX:MTLUSD   None
Technicals
no new lower lows like the majority of coins
near to its all-time-low, but makes higher lows
great risk reward, SL at 2.90 on a close

Fundamentals
concentrating on India and mobile payments, huge grows potential there
- hiring people in the metropole Dehli
- great mobil infrastructur in India
(imo great tool to get exposure to India)
still good interest, shown through volume
search engine stats look very good, steady increase

Risk
- government (that they are hiring people from India makes a bit less risky imo)
- btc dropping like a stone (but Metal is in an uptrend against BTC)
Emir iptal:
too fast decision

lost like 3,5% to get in and out

I see more signifcant risks, also because its built on ETH. I've not done enough due dilligence to go long yet. I will keep an eye on it...

Good Luck Fellas
Emir iptal:
just to clarify, I bought and sold within 30min. Was not a trade, but rather a mistake. My due dilligence were also rather shallow.

The negative comments I received are surely justified.

Well, next time I'll try to deliver some more quality.

Anyways good luck.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.