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.
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…..