QRLBTC trade ideas
Quantum LeapQuantum Resistant Ledger is a project whose tech is unlike anything else out there today. No other crypto-currency uses XMSS to thwart attacks from quantum computing. By the time QC becomes a viable threat, I believe the masses will have already moved their funds to be secured by blockchains that are quantum resistant. If you didn't know, quantum computing will be able to break 99% of blockchains today, including Bitcoin, meaning that if you have ever signed a transaction using your private key, that address is vulnerable to QC and your funds can be stolen. Most projects are either ignoring this threat or kicking the can down the road, and by the time the attacks begin, it may be too late for most unfortunately.
At a minimum, QRL is a fantastic hedge, as a "just in case" safety net. Today it exists as an ERC20 token but will launch its own blockchain sometime in February-March. POW mining based on Monero's cryptonight through Q3 2018, then a switch to a POS algo developed in house by the team. Ephemeral messaging, PQ VOIP, VPN, token functionality and much more to come.
Many blockchain projects try to do everything, but some of the best investments are in projects trying to do just one thing very well. Once upon a time, Monero came out of nowhere and joined the top 10 club because it offered privacy tech that no one could match. QRL is ranked #179 on CMC. DYOR and tell me what you think.
See chart for a good window to enter a long position and the top of the fib chart is my target by June.
QRL Bullish cloud breakout 600% gains v BTC possible longtermQuantum Resitance Ledger has broken up though the daily ichimoku cloud which is the most bullish price location. This is accompanied by a bullish tk cross(blue crossing over red) although in the cloud and not above it is still a bullish signal, and lagging span is also above price and almost ready to enter cloud. The cloud resistance appears to be thinning in the future which is indication of a kumo twist coming up. These combined show indication of momentum change and beggining of an uptrend which is what Ichimoku system is designed to capture.
There is over 600% from the current price above cloud to previous all time high at nearly 0.001 satoshis.
entry-0.00015449
first target- 0.0023 a previous high of pattern)
Stop loss-0.00011900 you can set below the top o the cloud or alternatively since the cloud is quite thin, you can set it to the Bottom of the cloud of the 1 day tenkan line which are both pretty close.
This set up will result in a risk to reward ratio of over 2:1 for inital target.
Adding some fundamental Analysis, from its website- "The Quantum Resistant Ledger (QRL) will be a first of its kind, future-proof post-quantum value store and decentralized communication layer which tackles the threat Quantum Computing will pose to cryptocurrencies."
theqrl.org
So with quantum computing among other technologies set to arise in the future, QRL could be a safety mechanism against more powerful computers that might be able to hack the blockhain.
QRL Possible 10X ReturnsQRL seems to not have only found the bottom but we have received buy signal from CM_Stoch_MTF which has proven to be very accurate in the past.
It is sitting a little above hard support and has huge upside potential, with minimal risk.
We have entered this with a small position.
QRL LONG Buy (1250%+ Earnings Potential)Another opportunity, Quantum Resistant Ledger (QRL).
Buy-in: 0.00007000 - 0.00009300
Stop-loss: 0.00005989
Forget about the stop loss, this only needs to be looked at, ever, if the coin is crashing down, when we are trending UP, please, focus on PROFITS, focus on the targets.
We are here TO MAKE MONEY, not to STOP LOSS.
Target:
(1) 0.000155
(2) 0.000183
(3) 0.000262
(4) 0.000378
(5) 0.000607
(6) 0.000710
(7) New ATH
Indicators:
- All bullish indicators are on the chart.
- Main strategy: BUY LOW, SELL HIGH (It works)
Remember something simple, when you enter one of my trades.
There are only two possible options, and three possible steps.
The two options you have are the following:
1) Sell for profit
2) Sell for a loss
YOU CHOOSE
The three steps are:
1) Buy
2) Hold
3) Sell
IT DOESN'T GET ANY EASIER THAN THAT.
There isn't anything that can be done.
This is the easiest business in the world.
Wow my god, who knew trading was so easy, let me try again.
I buy, then wait and then sell.
That's it.
"Ok, I understand Alan, let's move on. I already bought my coins, I am on the second step stop, you keep on telling... TO JUST HOLD".
Of course, until the time to SELL for profit, comes!
Namaste.
* Trade active @ 0.00007883