I've Set a Buy For Verge XVG at $0.0486
I have discussed Verge previously in my postings. I believe it's a great project with a very active and enthusiastic community. It has also made a very large deal for Verge to used as an online payment system for MindGeek and it's group of companies. Verge was selected over Bitcoin, Ether, and Dash as well as other coins for two reasons. Verge is extremely fast to confirm transactions, on the order of a few seconds, and it's extremely private including the use of TOR to mask its traffic.
MindGeek is the largest purveyor of Porn on the internet, it has a massive presence and business. This is a big deal! I'm not endorsing their Porn business, but it's a good investment in the payment system in the same way investing in Visa and Mastercard would be if you could get such a favorable opportunity.
I have placed an order to buy Verge at $0.0486 which I believe is a great target price based on the chart history. It is an aggressive target and it may or may not reach it, also by setting the order now I can get it even if it only spikes down to the price for an instant. However buying Verge anywhere in this price range is a good move. I already hold Verge in my core portfolio which I bought at much lower prices than $0.0486 some time ago.
See my previous charts for deeper explanation of the chart and Verge's prospects as a coin.
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All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
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