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RE: Crypto Hype Bubbles - Why You Should Invest Long Term
@dutch I really enjoyed how you structured your thoughts. For those that like to gamble, there are several pins that are subject to "pump and dump" on a regular basis. For those coins, it is worth picking them up when they are low, setting the sell order at 2x the price paid, and wait for it to get pumped.
This is not advice, but just pointing out that there are so many startegies to play in this space. I think those that check every single day are waiting for the lottery daydream moment when they think they will open up their account and see Siacoin at $300 like ETH. lol
Thank you for the feedback - much appreciated!
Your system of buying low into pump and dump coins and then waiting with a sell order up is also an interesting approach I have not yet toyed with. Thanks for the info!
The day Siacoin reaches $300 I think we are going to see a lot of people ragequit crypto. =P
Hello dutch I enjoyed your article and have resteemed it to my followers. Thank you for the informative read. I hold Gridcoin, Bitshares and BTC. I consider them long term holds. In 5 years we should do quite well.