Recently I have been trying to come up with ways of making some money on the side and thinking of giving trading a go.
I have zero experience and have just been looking on Coinbase at the best and worst performers of the day.
I am thinking of buying coins that are 15% or more down and then selling once they pump 10% and move onto the next one that is 15% down and then again sell at 10% profit and just keep repeating.
Anyone done something similar or will it just lead me to losing my money?
of course this is fine, but how long is your tolerance ? I mean how long you can carry the dumping or losing once it crosses your investments?
if you have been seeing this market for a time now then you knew that things might come worst in the coming days after we bought them.
and also we knew that buying Low selling High is the perfect strategy but how deep you can keep? that is the question you must answer first.