I've been doing a mix of buying and selling lately. I was strictly buying for a long-time, but now I've taken to a more variable strategy to stacking STEEM. My goals have shifted from having as much STEEM as possible at the expense of other investments to having a growing amount of STEEM while simultaneously expanding my portfolio into other investments to spread out my risk a bit.
I joined a few months before you did, which makes me one of the lucky few who had some time to accumulate before the bull run. I could've gotten more, but I'm still happy with the outcome so far :)
No doubt, your strategy is really a fine one. Over the past months, I have been accumulating Steem at different prices. However, I think it is now high time I adopted your strategy. I have to start diversifying. Cheers!
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I have also been accumulating STEEM in a account that I use to lease STEEM only (not this account which is focused on bringing value to the community by documenting the stock day trades made by Phalanx Trades and highlighting the chart or trade of the day and any mistakes or lessons that have been learned along the way). Over the past two years I have also taken the approach of investing in various coins in order to create a diversified basket for my Crypto portfolio which I think is a great strategy in the long run since it is more like shooting a shotgun at a small target than using a rifle with a single shot. When you "shoot at a target with a shotgun" a few of the pellets will hit the target in the middle and some will hit the outer rings of the target and some will miss all together but in the end you will most likely be in a few of the coins that fly in the long run offsetting any losses from bad investments. This is the same approach that Phalanx Trades takes when day trading US Equities. The company trades each day with a basket of stocks meeting certain criteria in order to diversify risk and try to catch a couple of big winners and positions that either move up slightly/break even and mitigate exposure to losing positions by cutting losses after certain criteria have been met indicating the trade has failed. Phalanx Trades has just started posting its trade log and trades of the day this month and if anyone is interested take a look at the blog and check out some of the charts and things that have been learned along the way. Phalanx Trades will eventually be broadcasting its trading live on Youtube so that anyone can view what trades are being taken by its trader (NB) in real time. Once the live stream is up and running a link will be posted to the blog for anyone interested in attending. The company will continue to post its trading results good and bad and any lessons learned along the way to provide any value that we can. Phalanx Trades is not selling anything nor is it providing any financial advice and nothing in this post/on the blog should be considered advice. Any posts are for informational purposes only and any trader or investor needs to do their own due diligence before making any investment decisions.
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