Gentleman, I'm gonna be honest here - I got lucky in the past. My portfolio is up, but only having thanks to luck. I have no strategy. And I know that, eventually, luck runs out.
I would like you to talk about your strategy.
Of course, first rule here is, all memes aside, buy low and sell high. But how do you assure that you sell high? Money management? It seems to me I was too greedy in the past.
I want to hold all of my prospect coins but, at the same time, constantly buy them low and sell high, so I could accumulate even more.
Also, how do you recognize a coin that is about to go up? Pattern work?
Literally give yourself some money to trade and try shit and when you fuck up study why you did wrong and how you can prevent making the mistake over and over until you get in the rhythm
Xavier Gutierrez
nobody knows
Luis Roberts
Anons will laugh, but Buy High Sell Low is not just a meme - you are supposed to look at it with an expanded timescale.
Fear the Black Swan.
Robert Gutierrez
Also, how do you stabilize your profits?
You sell a coin at the ATH and you get BTC out of it. BTC goes down and you're fucked. How to overcome this without cashing out?
Justin Russell
Black swan?
Justin Martin
We're currently in a "HOLD" market. If you sell you're going to get rekt. These markets rarely occur and don't last very long.
Once the first major correction happens (20%), wait for price to return to the highs, then sell.
know lots of coins well, and find one that is stagnant but good long term potential. ETH or XRP are usually good.