Prices going down(stairs)

Earning £1M Through Crypto: Cautiously Optimistic


That's the best expression for how I'm approaching things right now.

Cautiously optimistic.

I picked up a little ETH on a dual invest at $2,375 overnight and sold it this morning at $2,412.

That's another little profit.

But I've also split my fund into 3 parts because I think it's going to be mostly down from now until the weekend - assuming the same weekly cycle as before, which may be completely wrong!

So now I have dual invest buys at $2,375 again, $2,350 and $2,325.

That covers the first 2 support points in steps downward.

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Yes, this approach risks missing out on a pump.

Yes, I'd probably be better off doing that whole "grid trading" thing designed for sideways markets (which, incidentally, CoinEx has just made available as an automated doodah).

Yes, I should probably have held the ETH I grabbed at $2,375.

But all that is why I have the Banking category, isn't it?

If prices continue to pump, I just reassess for Trading. Banking will pump along with the market.

Got it all covered, lol.

 

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Tiero
Tiero

Determined to earn £1,000,000 through crypto. Follow to find out how!


Earning A Million Through Crypto
Earning A Million Through Crypto

I've been trading crypto for years and I'm awful at it. So I'm trying to find better ways to earn in the short, mid and long term. I'll be posting what I figure out. The aim is financial independence... like, £1M in the bank in 5 years.

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