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Crypto Trading Update | A New Trading Plan


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Image by vjkombajn from Pixabay

 

Just a plan, still not ready for an execution. These days personal crypto trading at pause mode and reason you all know. Yes, its crypto market that not allowing me to trade crypto so the all I'm doing is holding, observing and planning something new to survive. Without financial stability It's hard to survive so sometimes planning is necessary that can help to survive. 

Now It's time to talk about, what's the plan? Every plan has low or high risk and this plan has too. Can be a good experiment if I dare to do. But currently getting no positive signal from inside so It'll remain a plan until the lowest balance of savings for financing every month. This is a plan B and if the last option. Earning crypto and saving them for future use is the mission of many.

Bank savings help financing expenses every month and crypto savings help to keep continue earning and saving. And the plan is use of crypto savings for trading but it's full of risky because withdraw crypto saving means trying to have golden egg by cutting the egg laying duck but at the same time we know that, no risk,  no gain. Let me mention one more time,  this is a plan B, if I run out of my bank balance. Plan A is continue running trading using the minimum asset already in crypto wallet and withdraw them when necessary or financial personal expenses.

How is the plan? It's absolutely personal finance plan not a financial advice to anyone.  Crypto saving helps to earn more when withdrawing them for a unpredictable gain sounds full of risk. But this plan could be effective if trading will be only at highest pump and lowest dump constantly, not regular random trading when coin pump and dump. Regular trading rarely last longer, at some points it force us to hold and continue. The plan could be effective if personal finance cause too much worry and anxiety. Will keep updating so feel free to stay tuned. 

 

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shohana
shohana Verified Member

Content writer, designer and hobbyist photographer


CTF (Crypto, Tech & Finance)
CTF (Crypto, Tech & Finance)

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