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RE: Cryptocurrencies Boom! The Next Bull Run & Cycle Discussion

in #bitcoin6 years ago

I have encountered this problem with ONT and SWH. My strategy was to wait for the first red (1hr, 6hr, or 1d) candle, and buy half position, then wait for days or weeks, buy rest of the half. The first half is the common advice "Never buy at all time highs", and the second part is hedging against more price drops that tend to happen after fast price increases (but this also reduces your potential gain).

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I like ONT a lot too, luckily I have good a good entry in that. I am only missing a good EOS entry... and it didnt even dropped today during the BTC pullback...