RE: How Much Profit You Would Have Maid If You Had Used Psychological Analysis?

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How Much Profit You Would Have Maid If You Had Used Psychological Analysis?

in cryptocurrencies •  7 years ago 

same strategy works in old school stocks too. Running counter to the herd is great but you still need to be smart in your picks. Pick strength that is temporarily down due to panic.

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That is absolutely true, @bigfarns. This strategy works well for the traditional stock market too.
Yet, the gains you can make in cryptos are much more.

Pick strength that is temporarily down due to panic.

That is correct too. I have picked those coins that have strong fundamentals. They are usually the first to rebound.