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RE: The bitcoin mining reward has just halved!
Funny there was a sudden drop in price like that.... I'm thinking I'm going to avoid looking at exchanges for a few days, I've set up a few auto transactions but need to separate myself from trading myself into the ground.
To prevent yourself from over trading set a ratio between USD and BITCOIN and then make trades to maintain that ratio. You can adjust the ratio higher or lower when you are bearish/bullish. Using a ratio like this is much safer as it will cause you to buy dips and sell rises therefore taking profits when the price is not rising. Also put a gap between trading days so if you like 7 days between trades then each week you would readjust toward your ratio.
yeah, I've been doing things manually... mostly trading between coins due to lower fees.