Thanks, in my view Dash is interesting, it is one of the underrated high-value coins for me, I read part of its white paper, I know its main purpose is to accelerate the transactions, so it must have some future. Interesting gamble.
Yeah, it's already expensive, but given that it is constantly making progress with advertising and adoption I think it can go much higher. We should know in the next short period if it's going to fly up to new heights or continue with the huge volatility it has witnessed the last year.
I'm holding a little extra to trade if it goes up, but would be just as happy to keep it long-term.
yes that's the ideal strategy I have too, always keep in case something happens, this is all about a trader's life, I understood this main logical thing: you always must stick to something which is likely to go up, then jump from it to another thing like it, always reinvesting from top coin to top coin, there are only a few like Dash that are worth holding for long-term, the rest is pure gamble
It's good to "overstock" on those things you think will be a success long-term and in the short-term, so if you see the short-term trade opportunity you can take a profit, you do have to be careful trading from product to product.
If you see my recent post on VeChain and Achain, you'll see that VeChain is very overbought and probably near to the top of the market price. It's a top 20 crypto, but you'll probably be holding any VeChain you buy now for a long time to make a profit.
Bitcoin could jump up in value or profits could be taken at any time to collapse the current price, so you'd only want to buy what you plan to hold for a year or more (hopefully wouldn't take that long to see more increase, but can't be too careful in these situations).
On the other hand, if you see something that is down 30%-50% on what you know it can normally fetch in the market and are happy it has a strong enough case to bounce back up, that's where you could make a good trade.
A mix of the steady large caps to make your 5%-30% gains with smaller caps you know well to make your 1000%+ gains is what I think works best.
Always have to be careful not to go too deep into anything and consider if you have enough diversity in your portfolio to ensure you don't end up stuck as a bag holder without liquidity.
Yes that's my strategy too, hold on the big interesting coins, and keep gambling on the most interesting altcoins, I've made some posts about them, I post almost everyday about a new altcoin analysis, keep an eye on Nebulas, it can be the new Google (search engine for cryptocoins), as we need such a feature inside this world.
Ok I'm glad you do, you will see I tend to do various kind of posts, always trying to bring in the best information from my personal experience and research ; I initially went on here to promote my soundcloud page and to discover the new environment and I was just sick of Facebook and other dictatorial mainstream things like youtube which I think by the way Steemit will end up overrunning, I'm sure it can, it is far more freedom-oriented.
Thanks! I'm still tracking these, so will post updates soon!
Thanks, in my view Dash is interesting, it is one of the underrated high-value coins for me, I read part of its white paper, I know its main purpose is to accelerate the transactions, so it must have some future. Interesting gamble.
Yeah, it's already expensive, but given that it is constantly making progress with advertising and adoption I think it can go much higher. We should know in the next short period if it's going to fly up to new heights or continue with the huge volatility it has witnessed the last year.
I'm holding a little extra to trade if it goes up, but would be just as happy to keep it long-term.
yes that's the ideal strategy I have too, always keep in case something happens, this is all about a trader's life, I understood this main logical thing: you always must stick to something which is likely to go up, then jump from it to another thing like it, always reinvesting from top coin to top coin, there are only a few like Dash that are worth holding for long-term, the rest is pure gamble
It's good to "overstock" on those things you think will be a success long-term and in the short-term, so if you see the short-term trade opportunity you can take a profit, you do have to be careful trading from product to product.
If you see my recent post on VeChain and Achain, you'll see that VeChain is very overbought and probably near to the top of the market price. It's a top 20 crypto, but you'll probably be holding any VeChain you buy now for a long time to make a profit.
Bitcoin could jump up in value or profits could be taken at any time to collapse the current price, so you'd only want to buy what you plan to hold for a year or more (hopefully wouldn't take that long to see more increase, but can't be too careful in these situations).
On the other hand, if you see something that is down 30%-50% on what you know it can normally fetch in the market and are happy it has a strong enough case to bounce back up, that's where you could make a good trade.
A mix of the steady large caps to make your 5%-30% gains with smaller caps you know well to make your 1000%+ gains is what I think works best.
Always have to be careful not to go too deep into anything and consider if you have enough diversity in your portfolio to ensure you don't end up stuck as a bag holder without liquidity.
Yes that's my strategy too, hold on the big interesting coins, and keep gambling on the most interesting altcoins, I've made some posts about them, I post almost everyday about a new altcoin analysis, keep an eye on Nebulas, it can be the new Google (search engine for cryptocoins), as we need such a feature inside this world.
Thanks for the tip man! I'm following you now, so will have a look over some of your reviews.
Ok I'm glad you do, you will see I tend to do various kind of posts, always trying to bring in the best information from my personal experience and research ; I initially went on here to promote my soundcloud page and to discover the new environment and I was just sick of Facebook and other dictatorial mainstream things like youtube which I think by the way Steemit will end up overrunning, I'm sure it can, it is far more freedom-oriented.