I have been recently making a LOT of profit from this highly volatile token. If you are wondering why it is so volatile, there is a very simple answer for you: It trades several times it’s market cap in volume on a normal day. That quite literally means that every token in existance may be changing hands 2-3 times in a day, so all of a sudden moves of 50%, or even 100%, start to make sense through this framework and sound quite possible rather than absurd. A move of 100% for Bitcoin in a few days would be near impossible, but for this token, it can easily happen.

Basically this is the next edition of my last trade, where I ended up using a 5% trailing stop so I could get to sleep, which took me out at around $0.42, right near the highs. Good game!

I took 1/3rd of my position in here, and I will get the rest of my entry if we sweep the lows to take retail stops. I think it has around 50% chance of sweeping. Let’s see.

Thanks for playing.