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RE: 🙎 [人蔘商號] 開張公告 🙎 本日商品－辯證觀 🙎 Ginseng Store - Opening
haha!
yeah that works too, if BTC breaks ATH Steem might increase in fiat value too and Bcash is having a nice lil' bull run right now, I set my first sell target at $1000
when you set your target with $, does it mean that when the target is achieved, you sell it for btc and immediately sell the btc for $? I know for some big coins on Polo you can sell directly in $ terms... but only there...
so, btw, what exchange(s) do you recommend for general trading? I have tried polo and bittrex so far...
Hey @deanliu, I usually have multiple targets on a trade (whether $/BTC or BTC/altcoin), so I will scale out of of the position along the way, I never go 100% out of a wining trade because it might always go higher and you end up being low-tipped, actually I cover this strategy in one of my old articles:
https://steemit.com/cryptocurrency/@tradealert/strategies-to-trade-with-the-smart-money
As far as exchanges I use BITTREX and Bitfinex for altcoins and Kraken to buy/sell BTC for fiat money. I would stay away fro POLONIEX right now though, too many red-flags :)