You are viewing a single comment's thread from:

RE: Make Way for the Crypto Tortoise

in #cryptocurrency2 years ago

How do you feel about trading for stable coins at a place that you feel is a high and using the profit maintained to buy back in at a low? Do you really just buy and hold as much as you can?

Also, how did your book do? Are you writing another one?

Sort:  

Hey there! No, I don't sell high. Too risky, you never know how high it will go before it comes back to a low. I set aside cash on the way up, buy into the market on the big crashes, and use/sell as needed (not strategically).

Second book hit #2 on Amazon and ranks in the top 50 crypto books on Goodreads. The others not so much. Thanks for asking. We're connected again!

It’s definitely true that you never know how high or low it will go. Although, sometimes it feels like you can have a pretty good sense of where the limits are.

I just hold, too, but I often wonder if it doesn’t make sense to offload into a stable coin when things are high and buy the crashes with the funds put into a the stable coin. Obviously, as seen, that comes with its own risks, too. 😬

That’s great about your second book. Anything new in the works?