I got started on Brave last week, and it's nice to see that BAT is appreciating when compared to the U.S. dollar. You mentioned trying to buy low and sell high (also mentioning that your timing is off). That is an ideal situation, but I personally find it simpler to buy an asset that I think is going to appreciate in x amount of time. For example, I think Brave has a good business model that will attract lots of consumers when they learn about it, so I plan to hold on to my BAT for a couple months then reevaluate its value (and the company's business model as it stands). Even if I buy more at a local high point, I suspect I will still earn money in the long-term.
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I agree - but given how quickly things in crytpo move - if I see BAT continue to shoot up eventually I will take all or some off the table and see if it has a big sell off for profit taking before I re-enter. When things move too fast, there is too much potential to have a fast downfall before it finds support. I have not tried trading crypto for a while, but am thinking I might start back up again this year.
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Valid point. If you can manage to sell at or near a peak, go for it. I just don't wanna spend time trying to identify a peak; I prefer to set up a plan on when I'll buy/sell.
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