True that's a good thing for most people to follow to avoid getting into trouble. There are so many unknown factors outside of technical's.
But from a traders perspective, whilst there is ZERO guarantee of an outcome in the longer term, once parabolic status has been achieved, a coin does tend to collapse and struggles to reach the previous high in the the short term.
Not talking about a jump of 200% but larger jumps where a coin gains value at an extremely fast rate (300% rise or more in short time over a couple of days), is generally followed by a period of correction downwards.
Blackcoin was one of the exceptions in that it did this at least two times in a few weeks AND with monster volume. How many times does a Blackcoin come along? Not enough it seems!
Dodder has already won with that trade as his entry point was so low that it will probably never fall back to that point (within reason) unless a major fault is detected in the code like AC.
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