Cryptocurrency trading advice. July 3rd.

in #cryptocurrency7 years ago

Some of the ground rules i blindly follow, and has paid good dividends for me:

  1. Untill you feel, a coin is at a bare minimum price, and something tells you it's way undervalued for the tech or the team behind it, NEVER invest.
  2. Generally weekends are bloody crypto days. Good time to invest.
  3. Mondays/Tuesdays generally boosts market. Good time to seel off your lower margin trades.
  4. Read the white papers. Try predicting coins that will fare well in the long run. That's the only way to make money. period.
  5. Some loose handers will boast about their quick bucks. Never cave in. They can't keep doing this for long. One bad move, and they will ne gone from the market.
  6. Never sell off in loss. Always remember, you are never in loss, untill you sell off in a loss.

Please upvote if you find this helpful.

Cheers, and happy trading!

Sort:  

Thanks for your wisdom and good luck trading :)

Congratulations @ritayan90! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.029
BTC 61265.70
ETH 3429.20
USDT 1.00
SBD 2.50