RE: I just added IOTA to my trust fund portfolio

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I just added IOTA to my trust fund portfolio

in bitcoin •  7 years ago 

I love the idea, but I have a question... why did you decide to buy at an all time high, instead of figuring out which 5 currencies you will get, accumulate the FIAT and buy in 2-4 weeks when prices will be lower?

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7 years ago by

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      ·  7 years ago 

    because buying when something is trending downward is not as profitable as when it is making new highs. I know this seems counter to common advice but if you check out the CANSLIM stock selection process which made over 25% a year returns for decades it would buy as stocks were making new highs. To catch a rocket to the moon you don't get on it when it is falling to the ground but as it is taking off lol

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        ·  7 years ago 

      the other thing is the price may not ever be lower than the current moment.

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