EOS has had an amazing start into the first half of 2019 and I am expecting this to full fledge continue. I have been calling this from the beginning of the year in the $2 and we are going back to highs. I am watching the $6 level here and I WANT this to hold. That does not mean it has to but if it does it means we likely reach targets quicker.
We may pullback into the Mid 5’s but I do not see us going lower than this. I am looking for EOS to catch up to litecoin
So litecoin is outperforming the other big caps in recent days and has made an aggressive push higher. The move is getting a bit extended but that doesn’t mean it’s about to end. So where can it go?
Extended but extending
To be honest., I was hesitant to get long at 115 the other day because when I look at the weekly chart price looks a bit extended. On the daily chart it looked fine though, well until now where it also looks extended.
The reason I say extended is because it has pulled far away from the 10 day moving average (blue
…that I didn’t know about the palnet.io chain and frontend…
You can use any steem interface to write and publish a post in the Steem Blockchain but if you want to earn more tokens, in this case PAL Tokens, you just have to add the tag #palnet in the post, whatever the interface you use…
…but what I learnt today additionally is that you can upvote any post at palnet.io and you will also automatically upvote the same post at the steem blockchain!
Perhaps it was so obvious for many but not for me at least… basically, you multiply the chances to be rewarded.
The only thing you have to take care about is the PAL Upvote percentage because the upvote at the STEEM blockchain will replicate the same percentage…
Honestly, I don’t understand yet what is the aim of the palnet.io project besides the double rewarding…perhaps it is just a question of becoming independent from STEEMIT? I would appreciate some explanations from palnet.io developers, for instance @aggroed explaining road map and perspectives because I really like the idea…
By the way, if you want to check your voting power in both PAL and STEEM check the following tool created by @blockchainstudio (thanks to @holger80 for the informative post):
https://economicstudio.github.io/vp/?a=toofasteddie&t=PAL
(just change my name by yours)
I think from now on I am going to use #palnet tag as the main 😉
@toofasteddie
There are two things that act as worst enemies of investors. We all know them well.
FOMO (Fear of Missing Out) and The Sunk Cost Fallacy
When the price of crypto is moving up aggressively we tend to freak out and worry about missing the ride and do things like chase price higher or buy on any little pullback. Often times this bites us in the ass and we make a poor entry price.
Other times we hold onto something that we are up big on because it is ripping higher and any pullback is just a hiccup before things are sure to
Gotta say Litecoin price action is acting more resilient than I expected. After a quick dip down to 97 on an intraday basis price has pushed right back up to the highs in just a few days.
Sadly I had buy order down at 93 as it looked like that is where price would likely pullback to on the weekly chart. Apparently things are strong though and the overbought condition on the weekly is sitting on the sideline for now.
Level Up or Fail
So here we are. Looking at the daily chart you can see we are testing the 120 area. Really
Principles are the foundation of our decision making. Having solid principles when it comes to investing is rather integral to success.
A few good Investing Principles
You have to be aggressive and defensive in investing
So what exactly does this mean? Basically, when the opportunity arises you must take big swings to make real money, but at the same time you need to make sure that if that swing misses it isn’t so big it knocks you out of the game.
You can never be more than 20% diversified within the same asset class
Easiest example – cryptocurrency. If you are only invested in crypto
As temperatures heat up so does the activity in the real estate market. People come out of the woodwork ranging from casual investors to people looking to buy or sell a home before the new school year.
Either way the market always has more hustle and bustle during the summertime and it is on us as investors to take advantage of that.
Yes, there may be more competition, but there are also more homes for sale as many wait till the spring to list.
Even for off-market deals, people don’t want to move during the winter and are more inclined to sell in
Sunset in this mirror. Steemit.com in each minnow’s (www.palnet.io) mirrors?
| Category | goldenhourphotography |
| Camera ~ Lens | Nikon D3400 DSLR ~ 18-55 mm |
| Location | Australia |
Prompt / Theme: Following up from my question yesterday: Check out this post about PALcoin (if you haven’t) and share your first thoughts on PAL and https://www.palnet.io/.
Giveaway ? – 2 winners
Prize A: 1 Steem Basic Income share
Prize B: 1 Dragonling Bowman (Splinterlands PROMO card)
Winners will be chosen randomly after post payout. If you would prefer a certain prize, please specify in your response, otherwise I may decide for you 🙂
Thanks for having a look ?
If you liked this photo follow @kiokizz for more.
