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RE: The Trading Dojo #1

in #crypto • 8 years ago (edited)

I'm looking forward to it! It will be very useful for a newbie like me. I'm wondering how people actually making money from trading after one sold his coins.

Example: I bought eth at $200 sold it at $300 and what am I supposed to do next? Wait till eth drop and buy again? Or buy other coin that's undervalue?

8 years ago in #crypto by
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     8 years ago 

    Either you get into another trade in ETH or buy another coin. ETH doesn't necessarily need to drop for you to profit again. It might break to the upside and you can buy higher than your last exit aiming for a higher push up.

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       8 years ago 

      Thanks!
      So that's the correct cycle of trading?

      1. Sell and then look for another coin
      2. Sell and buy the same coin if you think that it will be higher.
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         8 years ago 

        Those are just a couple of options regarding the mechanics of picking trades. There's alot more to it, I'm sure we'll go into more detail in some of the up and coming posts.

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