UNDERPRICED CRYPTOS GO UP AND WHY YOU MAY TAKE SOME PROFIT

in #steem6 years ago

The crypto-markets are making a comeback. We hear that Consensus, the big crypto show in New York is going well. Some of our colleagues are there. The sentiment is still very high for the marketplace overall.

When we have had some dips in the past, including on Friday, we've mentioned quite a few different cryptos. It may be wise to sell and take profit on 25-50% of your position in some of these, then, re-buy in on another dip to take some profit off the table. Polymath (POLY), for example, was around $.60 when we called it as underpriced. Now, It is around $1.15. That is almost a 100% gain. Steem (STEEM) was around $2.81 on Friday and is already back up to $3.21
steemit.jpg

We think both of these have room for more gains. Polymath isn't too far from it's previous all time high. Steem was recently around $4, but if you want to have some liquidity for other currencies or to buy as you go, consider selling some of your positions in these 2.Screen-Shot-2018-02-18-at-4.59.23-PM.png

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Are you recommending selling Steem at $3.2 or waiting till it goes back to $4 to take profits?

As you can see @joshua-golbuu market will boom soon so it was a good time sell yesterday and get back with in this week with lower prices and HODL till Dec but remember i am not a financial advisor just saying

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