Post
Topic
Board Trading Discussion
Re: How do you stomach the dips?
by
Jokerrrrrr
on 29/09/2018, 04:35:35 UTC
Everyone have different plans for trading but according to me, I mostly use following strategy for trading
1. When I am interested to buy a coin then first of all i wait for some dump
2. Then I bought it with Very small amount
3. I will collect my profit  If price goes up otherwise if more dump happened I will buy more as I have enough money remaining because I bought with small amount only
4. After buying with much of my funds due to more and more dumps going on , I will change myself to hodl position
5.  I will calculate my average buying price and off course will sell all of them as soon as I will get price above my average buying price
6. Enjoy profit and a look for another trade
This technique always work fine for me and earning a lot
Thanks


Remember : I have always some backup funds for safety if anything happened bad with my investment, it helps to stay in market always