LONG Its like green version of Bitcoin (sort of) V2Supplement to
-Its-like-green-version-of-Bitcoin-sort-of
Not much of a discussion because there isn't much to say from a technical perspective. This is market manipulation 101: we are back in the Point of Control POC , the price point with the highest volume . At a base level trade volume is dry with random peaks up or down as the asset is manipulated.
BURST ranked ~388 is a previous top 20 coin with some incredibly interesting technology that the masses have either forgotten about or never knew existed.
Please read :
The Burst Dymaxion: An Arbitrary Scalable, Energy Efficient and Anonymous Transaction Network Based on Colored Tangles
Whilst I can't confirm that the programme is developing at a rapid rate, the platform works and upgrades are consistently being made to optimise the offering. It uses Proof of Capacity (now POC2) with the use of "harddrive mining".
As you will read in the article you are NOT renting out your hard drive like SIA , STORJ, and now FILECOIN. You are using your hard drives to store information that will help you to solve complex computation work. It's like a green version of Bitcoin (sort of).
Scavenge for BURST at the bottom price points and sell at a 20-30% profit. Repeat!
Burstusdt
$BURST long set-up BittrexHeres my trade setup on $BURST anticipating a bounce off this level. Stop loss is in so this is a set and forget with alerts at targets. Key is risk management, cut losses quickly and ride winners (I can sleep peacefully). I may consider a a trailing stop loss if we get some decent upside momentum. This could bounce or head further south, if my SL gets hit so be it. Not financial advice.
Keep an eye on Burst coin.After an downtrend burst is making an uptrend.
So keep an eye on this. Take position into this when market is stable.
Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well and invest only what you can afford to hold/loose for long in crypto.
