Well, that is basically the description of how NOT to do it. :)
If you still believe in Cryptos, you should sell (or should have sold a few hours ago) and then wait until it rises again, and then buy in again. That way you could make money now, make money again in the next rise, and secure yourself in case it doesn't rise again.
You are viewing a single comment's thread from:
Sure! That is probably exactly what most do. (including you?)
Buy high, and sell low.
Don't even try to game out market, and think you are so smart to fool it.
(Unless you have a crystal ball to look into future.)
Those who sell now at 54K, will buy back once they gain back trust and confidence, at 62K or up. :)
Good luck !
P.S.
One last small question, @beatminister: how many years in crypto is your experience???
Posted Using LeoFinance Beta
Me? No way, I keep myself out of this gambling casino! :) I'm invested in more solid assets.
But with something like Cryptos, buying and selling is the whole point of it all, isn't it. Its easy to do, and because of the volatility there is much room to make money.
Is it easy and risk free? No, of course not - but trading never is.
PS: about 5 now. But only as a observer basically.