Post
Topic
Board Trading Discussion
Re: Buy 5 coins and wait till each of them grows 10%, then sell
by
Hypnosis00
on 07/12/2020, 23:00:28 UTC
Hey guys,

I am new in the crypto trading and i was analyzing the biggest currencies and I had the following strategy:

Buy 5 coins for 1000EUR each => wait till each of them grows 10% => sell.
If it went down, I still wait until it will go back up +10%. It's ok if it will take weeks.

From my analysis (correct me if I am wrong) it almost always does after a while.
If one of them didn't after a long time, the other 4 should compensate for the loss.

I can imagine it sounds like a basic strategy for experienced traders.. Smiley

Please share your thoughts!

Thanks
There is no wrong with that, that's your goal and all of us can make the same or difference from it. But TBH, 10% is big enough and I am not confident if people could able to wait longer because of the said target especially when you are investing altcoins. Well, that hypes could help but not all, unless if we are investing Bitcoin that we know that it surely go high.
No, you can't expect that these 5coins will come to that realization, that seems impossible (I hope I'm wrong).