Cryptocurrencies as a whole have influenced my life in a lot of ways, and on top of the list is making me better with money. My fascination with money as a concept made me delve a bit deeper into the game, and I've picked up a thing or two that is helping me cope.
When it comes to trading, I doubt there's anybody that can confidently say that they have it figured out. All you can do is try to strongarm the forces of demand and supply, and then still hope for the best.
My trading strategy is pretty simple and has largely been effective. It is a combination of short to long term techniques that I just rinse and repeat. It is an age-old strategy; buy low and sell high.
Sometimes, I buy at a price and then the coin dumps. I place a sell order for a price that puts me in profit and I'd keep it there for minutes, hours, months or years, depending on how long it will take to get me back my profit. I hate losing.
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Buy low and sell high, yeah, I started doing that 31 years ago on the stock market and it seemed to work pretty well. Good strategy.