Post
Topic
Board Trading Discussion
Re: Always keep fiat while holding
by
biofuel
on 04/09/2018, 08:57:29 UTC
As a 5 years of experience i tried every method for waiting optimal profit. Waiting just with a hold of any coin is not very good at short and mid-term time intervals. Generally holders wait for historical rise but it comes in 3-4 years or maybe more. So even if you wait for that rise you can gain something on short and mid-term time. Basically i assume you have some coin just sell some of them on a small rise period, price is moving with 6k-8k for a few month so when you see 7-8k prices start to sell dont sell all but some of them should be great. Even if it rises after you sell you are now waiting it to fall , and short time period it always falls just wait 1-2 months low and buy even if it drops more you basically gained profit. So if you can read some trend moves you can invest mid-term so you dont have to hold for years. If price starts to rise historically then it is time to buy.

Agree and would also recommend traders to use a standard deviation rule (or bolinger bands). The price is always tend to be between 2 standard deviation above and below median price.
So, apply days (or month) time frame and sell/buy when a price hit appear/lower band.