Community post
Fun Fair update
Hi everyone
Well like I said yesterday I have been watching Fun Fair over the last month or so as it is a coin I like and think it is at a low point that has been consolidating and had to make a decision. https://steemit.com/funfair/@gowd/been-watching-fun-fair-for-the-last-month-hoping-for-a-decision
yesterdays chart
Today's charts
If we can hold this green candle today I think we can test the 300 satoshi resistance before the beginning of December.
Lets see what happens. So far looking positive.
Cheers
Gowd
Replies (4)
Funfair is one coin I have held on to for some time, and opted against trading like I have with others. Might be to do with the fact I have worked closely with bookmaker sites - who in turn are associated with online casinos - or a gut feel, I sense a good upturn for it in the first quarter of 2018.
I think we have hit the bottom and the upturn has already begun.
I hold FUN long term just trying to learn to trade short term using a familiar coin and already having the ability to do pretty well long term helps with short term analysis.
Basically I have been setting targets both low and high and selling say 90% of my original investment for a profit in BTC and building up my FUN tokens for free ( well not free costs a little time and effort) then I reinvest my original investment again and keep the BTC profit also, it seems like a great strategy so far. The other option is to re invest all the profit in BTC and compound my winnings but I like the first option best as I build FUN and BTC in the same trade giving me some free FUN to hold and some more BTC to trade with.
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