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RE: ✴️ WHEN DEALING WITH "CRYPTO", YOU NEED TO HAVE A "STRONG HAND"!

in #charlesfuchs7 years ago

Agreed. I would also argue against trying to time when you enter the market. As long as you're timing the market with respect to your exit timing, now is as good a time as ever to enter the market. Buy and hold has historically outperformed other investment strategies imho and will likely follow suit for cryptos.

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Im a big hodler, but my friend has been studying indicators and it has paid off for him, he made a 0.1 BTC 2 days ago off a 0.5 BTC series of positions on QTUM when he was able to call a 5 wave bearish motive

Yep, fair - definitely some opportunities to make money trading volatility on technicals. I'm just not as confident in my ability to do so successfully long term

Thanks for bustin' out that emudmucation to the peeps haha :)

Just got to HODL during these times or buy more!