You are viewing a single comment's thread from:

RE: Steem At A Double Top? Double-Nope...(OK, It's Plausible.)

in #steem7 years ago

"I actually pretty much only trade on fundamentals. "

This hasn't been serving me so well this year. BTC fundamentals have been on a downward trend since SegWit.

I agree that it's nice to have FA and TA line-up.

Sort:  

I know what you mean, but I think in the long run fundamentals always offers more reliability as an investment than trying to stay ahead of the herd and trading back and forth. Trading is risky, but HODL pretty much always works in this market. Except when there's no fundamentals warranting the HODL.
I just buy a 'good one' and hodl = profit, easiest money ever made. When I was chasing the spikes and trying to predict the market, it gave me a ton more stress and uncertainty because I didn't truly believe in the project's fundamentals. I felt I needed to stay on alert constantly in case the price would do something weird.

But when I'm holding something that's got good fundamentals, it's easy getting through the dips, and almost tempting to buy some more.

"I think in the long run fundamentals"

In the long run, we're all dead.

US $ hasn't had fundamentals for at least 20 years, open printing via corruption for 11 years...it's been a terrible short so far.

Of course, we're really talking about 3 different things here: Trading, Investing, and Saving. All distinctly different.