Post
Topic
Board Speculation (Altcoins)
Re: Strategy: holding but trading
by
Crypto Girl
on 16/09/2018, 14:55:21 UTC
Do you guys think that it is possible to be successful if I want to hold ( a year), but  look at the charts only once a week (even less), then  trade only if I see a huge loss? Let's say I set a loss of 10% now, will I have to trade a lot?

Thanks in advance
Pretty much depends on the coin that you'll hold. It's better to spill it out before you hold nor trade. Some coins isn't that profitable by holding as its movement is erratic and by doing day trading you can profit a little more good. Likewise, seems to me that you still didn't know what you should do, then trading isn't the best for now.

How do you think is technical analysis is working on crypto?  I read the idea here that it does not because the market if totally manipulated.
TA is just pure speculation as they read the graphs but people use it as their guidelines yet still nothing will be certain.