Basic Attention Token (BAT) – Taking the average down!

Basic Attention Token (BAT) – Whilst I’m not 100% in the know with this project I’ve decided to take a small position based on some basic fundamentals combined with the current chart patterns. The main thing here is I’m ‘buying low’ which is where I feel most comfortable buying. That’s not to say the price is not going to go lower and nobody can predict the future as we know.

Taking a small position allows me the luxury of avoiding all the stresses that come with a big position. Stress causes bad decisions and panic selling/buying, and whilst I’m not immune to the emotions of getting caught up in those mistakes, I do my best to stick to the plan.

One of the fundamental’s that got my attention was one of the creators Brendan Eich has a great track record with technology projects. He is the creator of the JavaScript programming language. He co-founded the Mozilla project, the Mozilla Foundation and the Mozilla Corporation, served as the Mozilla Corporation’s chief technical officer and briefly as its chief executive officer. He is also the CEO of Brave Software. This guy’s obviously not only very competent, he no doubt has many connections in the right places to launch projects of this nature.

This is one of those names I’m happy to sit on forever if I have to, although of course that is not the plan and I’m expecting a turn to the upside within the next 6 months, possibly sooner rather than later. Let’s see where it takes us…..

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