Update on Electroneum!
I pretty much seem like a lunatic since all I've been talking lately was Zilliqa, Electroneum, KCS. Well, the key to make gains is focus on fewer things and study them.
Well, it's unreal to say that you can Perfect something. Mistakes are inevitable, the bright side to this sad story is that you'll learn to make mistakes that are not fatal, in the others eyes it'll look perfect. Enjoy that and the fruits of your work, never show that you are not fully satisfied by your work in front of others, that will give a bad picture of you...but use that dissatisfaction to improve yourself further.
I'm using this blog to express my experiences in trading but every here or there I try to incorporate what I think is a useful advice.
Back to Electroneum!
As I've said and you probably noticed, I did write a few articles about ETN. I like this coin, I Hodled, I traded and will Hodl it.
About a week and some days ago I put a nice chunk on ETN! It didn't go quite as planned to be honest. After all, I'm here to tell you the bitter truth of every trader; no matter if you are a great, good or a newbie trader...mistakes will be inevitable.
I bought at the green arrow, it was supposed to play out as a support. Reason why I bought it's not only the support zone that I expected to see, but as well the Flag Pattern in forming.
Well, it kept dropping fewer.
What now?
A good trader knows where to enter a trade, a good investor know when to cut losses!
Even though I love this coin and what they did, as well as how they improved...I won't keep it when it damages me continuously. If you see, I have another marked zone, around 0.021-0.022 area. If this zone can't hold up, I'll sell and wait for it's price to settle and find support. This means I'll buy lower, not giving up on it, just giving myself a better entry to make up for the losses and also gain some profits.
I still do believe that ETN will reach 0.0555!
Remember, it may take a lot of time, but it's inevitable.
Be ready and calm.
theatdhe!
Posted Using LeoFinance Beta
