Lisk / Bitcoin
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Lisk Investment Strategy

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Very bullish on lisk next year, currently seeing some consolidation from a hefty 2200% increase but I think we're ready to bounce off this 2nd line of support very soon so long as the re-branding is released, if not we will certainly see a bounce off the first line of support.

With the re-branding due this month I think we're going to see a small bounce off the 2nd line of support, no higher than the down trend until December.

My strategy for lisk:
1. 40% buy in on the 2nd line of support (Thin green line), if it bounces before hitting the first line I will re-evaluate my position without giving in to FOMO (Fear of missing out)
2. 60% buy in with a max of 15% stop loss on entry on the 1st line of support (Thick green line)
3.

Skim profits at: 75000sats - 5%
95000sats - 5%
Top of the descending trend line 20%

I will reinvest 100% of skimmed profits/investment every time it hits the 2nd line of support using a stop loss placed within 15% of my entry price (2nd line of support). Once the SDK is released I will re-evaluate a few targets to withdraw my initial investment and keep the rest riding long term, ultimately making lisk a risk free trade whilst I skim profits regularly and re-invest on golden opportunities that we will be sure to see time and time again. Lisk will be a solid asset to hold onto in years to come so long as you skim your initial investment to minimize risk, I cannot stress this enough in the crypto market.

If you wish to become a delegate I recommend doing so before December as it will become very pricey soon after. Becoming a delegate is similar to dividend payouts on the stock market, only difference is it will take some research into becoming a serious money making machine (Top delegates). It currently costs 25 lisk to register.

Best of luck and always remember - If you fail to plan, you are planning to fail!
Nota
Not entering on the 2nd line of support as originally planned, bitcoin is on an incredible bull run right now after the CME Group Inc.’s announcement of a possible futures contract with bitcoin. If this happens we may see alts go to hell, as soon as you see this announcement I highly recommend liquidating any losses into bitcoin even if you're in a hefty loss. Ease of access + No spending limits = The beginning of mass adoption into bitcoin! Watch closely.
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