New Crypto strategy for weekly "dips"

in cryptocurrency •  8 years ago  (edited)

It seems that we can expect a pretty significant dip in crypto markets each weekend! My new strategy instead of looking for a good short term coin each week is to cash out to USDT at each weekly recovery and wait for the inevitable sale days each weekend. This should ensure that I will hold my profits in USDT and grow them each week on the exchange; when the holdings are high enough definitely buy some Bitcoin/ETH, Litecoin etc and transfer to a safer location. What do you think?

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Buy and hold is the only way to go in a market that isn't even 10 years old.

Actually I agree with you; I have a number of buy and hold positions but to grow some capital to continue investing I am trying to grow with some small trades weekly increasing my USDT; thanks for commenting