RE: How to Benefit from a Bear Market

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How to Benefit from a Bear Market

in cryptocurrency •  7 years ago 

crypto is 110% pure speculation.... there is no assets backed coins in crypto so it'a all speculation....you own nothing but only the coin

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@slygag not sure if you're supporting my comment or not, but anyway, since you can only have 100% of anything, then 110% is a little over the top :). Not sure you can say there are NO asset backed coins in crypto, but lets say it's true. My point is that if you are not using a stop-loss and a take-profit then you are not trading, your are just hoping instead, and hoping is speculating. Thank you for the banter, I appreciate it :).