Ethereum - One of My Trading Strategy

By TokenOnFire | holdthatcrypto | 5 Oct 2022


Well, this is not financial advice but just my own strategy that I like to do. So my goal is not really (for now) to wait for the price of Ethereum to rise. What I am trying to achieve is to get as many ETH as possible. For instance, I have around 1.45 Ethereum for now.

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pixabay.com

I sell when the price goes to around 1350, then buy again when it goes to 1300 to 1200. This might look like some little profit but it's not my goal. I want to earn as many Ethereum as possible even if it is small amount like 0.01 Ethereum per trade. It is indeed very risky, as if I sell at around 1300 to 1400 and price pumps to 1700 for example, I will be at a big loss. On the other hand, if I manage to get as many Eth as possible and the price pumps at a later date/year, then It will multiply my profit.

I am curious to hear about what you think of my trading strategy and also what strategy do you use if you are a trader?

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