Post
Topic
Board Trading Discussion
Re: Trading as a newbie?
by
ZAINmalik75
on 18/07/2023, 18:49:03 UTC
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?
Yeh it's looking great strategy for recovery but thier is no surity
That repeating such strategy will always give some green decent results, as because there are tons of new altCoins in Market which hasn't hit his All Time High a long time ago, so some time when you invest in any price dumped coin blindly in order to get some profit will damage your portfolio
Because such coins has simple motive firstly to get people attention for investment and then sell most of supply to get profit and done scam.
So the point is not every time coins will pump after your investment during dump, so to avoid such loses you should choose Bitcoin where you will get profit by investing at any possible price.
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