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RE: Make a (Investment) Strategy BEFORE the Market Action Happens! .:. WorkerBee PH-Pool Week 202

in LeoFinance • last month

setting limit orders within realistic price ranges.

Sometimes, I create an order with a completely unrealistic price, just in case. And sometimes, they get filled. One crazy order off the limits... 😃

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I'm tempted to do something like that every now and then, but logical thinking has me deciding against it. The scenario I tend to not want to find myself is HIVE keeps pumping upwards and I'm stuck with HBD.

Oh, I get you... Nobody wants to stay "out of the game"... Because of that, I create those "crazy orders" only with a part of my tokens, not everything that I have... That was the biggest lesson I learned in 2018... to break my HODLings into small chunks and trade IN or trade OUT gradually...

That's an interesting approach, more upside potential and minimal downside risk, since in every trade only a part of the whole is traded with. Might as well try it out, thanks for the insight :)