Investment Ep. 6 - My Strategy on Buying and Selling

in crypto •  7 years ago 

My strategy on buying is I usually don't try to time the market. Trying to time the market in my opinion is stupid because I tried it. It is too much head aches and worry. I'm in the buying phase with the different cryptos. I'm also doing the same thing with stocks but since the stocks that I'm buying are stable I don't worry about it at all. Now, in terms of cryptos, if I buy I happen to buy it in a flash crash or a couple of days of bears then great, but I usually wait until my paycheck comes to invest into the various cryptos that I like or stocks. I just buy and hold. I'm up with some of my positions like EOS and down in some positions like FunFair. But since I'm taking a long position in all my cryptos and stocks, I don't care about the price in the short term. I try to stick with the stronger and more unique coins out there instead of worrying about the day to day. I'm not selling any time soon. Five years from now, maybe.

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