RE: A Hard Lesson Learned!

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A Hard Lesson Learned!

in cryptocurrency •  7 years ago  (edited)

At the present time I have a buy and hold strategy. The reason being is that over the last several months, the overall market cap has been going up (with the exception of the last couple of weeks bumpy ride) and most coins followed that same path of moving up with the market cap. Having said that, out of the 40 coins I have purchased in the last 3 months, I'm only down on 4 of them. I tend to buy at the dips. Having said that, when I start to trade, I'll be doing the same exact thing. I will not enter into a trade unless there is a dip in the coin/token and no outstanding news caused that dip versus other coins.

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