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NEM appears to be at valuation ... I would not feel bad losing money at this point of entry (watch out for bitcoin drops- can make cheap coins cheaper)
My analysis is long-term investment grade analysis and although I recommend a lot of buys and sells, I don't invest in all (very picky). You can see the ones I'm invested in at the bottom of this page (COINLIFE PORTFOLIO).
-daverex
I want to help build a community of knowledge, we are still in the early days of this tech revolution. Please ask any question and I will see to point you in the right direction. Also If you have any chart requests, I am happy to provide them!
#coinlife
Nem is priced very well and I am buying but only a small amount and just to hold long term (never mind - I'm not) . Based on my reading we appear to be entering a long term consolidation period in NEM (I don't expect exponential growth). Luckily I believe we appear to be at the bottom of that cycle (with still some downside risks "look at chart") ... if the chart does change and we move into exponential territory... I'll be in. (almost bought)
accumulation - long term buy / hold
7/1
https://www.tradingview.com/i/518kVuU4/
6/23
https://www.tradingview.com/x/lynyxQzy/
7/1/17 - Nem is still on downward projection
6/23/17 - Be careful with NEM - I know a lot of people are LONG but it appears to be in full consolidation mode and may drop another 50% before it comes back up for air ... we will keep a close eye on this!
confused? --- yea well "when in doubt, stay out!"
Invest at your own risk!
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