Post
Topic
Board Trading Discussion
Re: So I want to get into trading.
by
bedford1972
on 17/11/2018, 20:19:00 UTC
Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
A year ago, I thought like you. I didn't understand how to operate in this market. But I was lucky, I have a knowledgeable person who helped me to understand the essence of what is happening. Remember, the price will never be low enough to buy and high enough to sell. I liked this phrase very much and I often use it. Use the ladder scheme, so you can competently buy and sell assets. Buy and sell parts. If the price falls, then buy the same amount as before. If the price falls still, then buy it in 2 times more moreover, that you bought. So you can lower the exit price of the asset when the price goes up. If the price rises, then sell at least the part you invested. You'll be working at a profit by now. The main thing is never be greedy. Even 5% profit is already profit. Good luck!