Post
Topic
Board Economics
Re: What is your entry point
by
cryptoluvr
on 17/12/2013, 08:02:14 UTC
Sounds like you have a good idea of how to invest.

Buy low, sell high.

I've been reading babypips website.

There's no wrong spot to buy in unless you are an absolute idiot.

This is the FLOOR, there are a lot of bubbles still, but it is only going up. Long picture.

I was able to make enough to now pay the bills by only a few hours twice a day looking at charts. This is after being coached on forex and market trends by my bf who's dad was a financial trader.


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6 months:
1$ USD -> .009 BTC -> LTC -> NVC -> USD -> LTC/BTC -> CRYPTSY/CEX/COINBASE -> 10GHs + 50LTC + 1BTC + (0.5 btc in 10 alts) + (3.2GHs, RPi Powered Block Erupter Rig).
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Random Notes that you might find interesting:

"I've always believed that if you put in the work, the results will come. I don't do things half-heartedly. Because I know if I do, then I can expect half-hearted results." - Jordan

Each trader should know when to trade and when NOT to trade.
1. Simplicity.
2. Backtest.
3. Learn how your algorithms works
4. Do not trade more than you can afford to lose.

REMEMBER:
Make pips
Keep pips
Repeat


Worst Times to Trade:

Sundays – everyone is sleeping or enjoying their weekend!
Fridays – liquidity dies down during the latter part of the U.S. session.
Holidays – everybody is taking a break.
Major news events – you don’t want to get whipsawed!
During American Idol, the NBA Finals, or the Superbowl.

much satoshi
very panic
many spreads