RE: ✴️ WHEN DEALING WITH "CRYPTO", YOU NEED TO HAVE A "STRONG HAND"!

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✴️ WHEN DEALING WITH "CRYPTO", YOU NEED TO HAVE A "STRONG HAND"!

in charlesfuchs •  7 years ago 

On a side note, it may be tempting right now to throw some standard "advice" like "Buy low and sell high". It's something said a lot as advice, but in reality that means you have to predict lows and highs, which can actually contradict advice of trying to time the market. It sounds nice, but in reality trying to value a token or coin right now is enormously speculative, so deciding what a low is really hard to say. NEO was at an all time high at $80 at one point for example. But if you bought it then, you'd be quite happy right now. Just because the circumstances seem to suit the advice, doesn't mean the advice is good or practical.

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