So I use eToro because thats where I 1st started my Crypto journey.... I’m a loyal guy that way lol.
I try to be diverse with my eToro portfolio, I have apple shares, bitcoin, ethereum and HAD Litecoin. This is why I’m letting off “steem”..... As good and easy as eToro makes it to get into the crypto space they set automatic stop loss and take profits margins. This is great when it comes to non crypto markets because they aren’t anywhere near as volatile.
I purchased a couple of hundred dollars worth of Litecoin a few weeks ago because I was sold on its versatility and fast transaction process. Not thinking this was purchased on eToro through habit, a few days pass and Litecoin goes on a great bull run jumping 20-25%. I’m thinking “well done kenny, such a smart guy. You’ve done well”. 3 days later I get a notification your TP has been executed on LTC I AM SO ANGRY because I had completely for gotten the eToro automatically setting these peraminters!!! So Litecoin is now laughing at me at $250 after me buying it for $90 but the TP BEING TRIGGERED AT $160.
The lesson being, when buying crypto get it off exchanges, store it so you can relax and watch the $$$$$ roll in.