Did you buy OMNI above the current price?
Been there, done that! I also wanted to snag coins as soon as they 'dropped' to sell them for more and make quick cash. But check it out, buying 'fast' right off the bat can also get tricky... because BEFORE you let emotions take over, you gotta think COLDLY. What am I buying here? Does it have good projections? What has LocademiaCripto said about the behavior of cryptos listed after a Launchpool? Well, here in this free knowledge space I share, I've dropped some valuable tips and knowledge nuggets that few people appreciate!
But hey... what if you got carried away by emotions and bought blindly, emotionally, with the gut feeling that you'll make money! As I show you in the chart, it's only been 6 hours since OMNI hit the market, so it's too early to make predictions with less margin of error. What I show in the chart could be seen as an interesting resistance around the $29 price.
If you're like those who've hit me up with queries, your options are:
1) Hold tight to see if after the shakeout period, the project flies back above the purchase price.
2) If the price is between 30 and 33; you can set an OCO order with these settings 33 / 30 SL 29.90 and see if it hits 33 or sell at 29.90 ... getting liquidity back, and with that money, you can opt for other opportunities or while you decide, put it to work in EARN (like a bank fixed deposit).
3) Do some technical analysis and make your own decisions.
4) Sell everything and learn a very important lesson (that you need to study before making emotional purchases).
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