QTUMBTC: the rise of the alts

Aug 27, 2018

QTUM among some other altcoins provides a great opportunity for solid gains in a couple of months. With respect to bitcoin it is at the historical low of around 0.00062. The long position in QTUM now is rather similar to a long leveraged position in bitcoin, but with buying QTUM you wouldn't be risking of being liquidated if its price will drop even lower. As an option this could be easily improved by placing stop order at around 5% lower from the the entry point. However, one should be careful with that, because the volume at the moment is relatively low, so tight stops are way too sweet targets to collect before the rise.