Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ayatoslaw on October 04, 2018, 04:11:32 AM
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Choosing a strategy before trading is something that must be done, so that when trading does not get a loss, one of them is looking for coins that are dumping is a good way to make a pump to profit, what do you think?
because in many cases, trading with origin and without choosing a strategy will cause defeat, even though there are profits, but most are defeats.
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Strategies matters time and efforts. It requires our much attention to identify the effective application of our strategy to be more effective. Time will tell if we succeeded.
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Investing in coins that are on the way down is not the wisest approach to either investing or trading, there are a lot more factors involved than simply going for the 'what goes down, must come up' strategy. Best to use TA to calculate your buy and sell zones, and stick to them strictly, don't get caught up in FOMO and overpay. Watching out for coins that have dropped isn't necessarily a bad move, but you need to do the follow up analysis to discern why it's dropping. Good luck.
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I prefer the general strategy of trading. That is buying coins or tokens when the coin market price drops and tends to be low, that's where my best chance to buy coins at a low price. Then I wait and hold it until one day the high price comes, Well that's where I sell it and get a profit. That's the way I trade.