Time in the market is much more profitable that timing the market as long as the asset you're investing into is fundamentally sound.
Time in the market = buy and hold.
Timing the market = day trading.
Don't try day trading.
Imagine all of the people that bought into Bitcoin at it's first peak at $32 and then it crashed to below $5.
If they had held today they would have a 20X increase, but that would require time in the market, not timing the market.
I would advise against putting 100% of your portfolio into anything, even Bitcoin or property.
Consider that the best way to make money is to avoid scam coins and hold a personal fund that is an amalgamation of various coins that show promise.
This is why i will not buy more now after the increase, i will instead look after other coins to invest in with my few money i have left to invest. As for short term trading i did get a lot more xmr for my money by selling at 0.0135 and rebuying below 0.0115) but now i will simply hold.Time in the market = buy and hold.
Timing the market = day trading.
Don't try day trading.
Imagine all of the people that bought into Bitcoin at it's first peak at $32 and then it crashed to below $5.
If they had held today they would have a 20X increase, but that would require time in the market, not timing the market.
I would advise against putting 100% of your portfolio into anything, even Bitcoin or property.
Consider that the best way to make money is to avoid scam coins and hold a personal fund that is an amalgamation of various coins that show promise.
In general you are correct about daytrading, especially when you factor in trading fees.
Too much people are waiting to buy at 0.01 or below, that's why I think it won't happen.
It defenitely will happen if you believe in fibonacci --> correction to the norm
it will happen. or i hope that i will happen. then i want to see what happens after the price went below 0.01.
i think you just have to observe sell orders => rising.
0,0095 to 0,0083 will be achieved until 10'th of october
Dam i should have sold above 0.012 for a small profit, but i dont want to sell cheap. Now almost my entire profit is gone again. I guess a lot of people want to get out of xmr now, hence the low price.
What the hell are you talking about?! Just stay calm, hold your XMR and have a cup of tea
nicht nett von dir (not nice from you)
Well just some hours before some ppl. assumed XMR to be at 0.03 or above..saying also like you i'm wrong cause I objected it...where are we now..ya lower than before...so blabla talk
sry, its obvious that you went long and its not working good. Otherwise explain why you told us over and over again that xmr is below 0.009 and now suggest to newbies to hold.