Post
Topic
Board Trading Discussion
Re: Investing and Trading Strategies.
by
blckhawk
on 14/02/2021, 14:13:30 UTC
I guess there's many ways to do this. Let's say you invest £500. Your goal is to 10x you investments and happily pull out.
You invest in 5 coins. £100 each.

You track your investments and see that on your £500, you now are overall 100% up and see you have made £500, so £1000 in total.

Would you pull out £500 or would you leave it all in to grow to your 10x?

Any strategies here I can get to know?
I'd probably just leave it there because if I choose to get it out the profit I would earn will decrease as well unlike if you stack them up in there it would be a pretty decent profit. But If I would choose to play safe then perhaps I will take the capital and the profit I get will more likely to be used and that way even if I lose that invested money I would still have the money I pulled out. Unlike if you stack them up yes the profit will be better but the risk of losing them is really high. However, you could lessen the risk if you know what you are doing like if study the coin you are going to invest with.