With the manipulation going on in BTC, the alts are very predictable. It's easy to pick alts such as NEO, GAS, XMR and when they are close to their low for the year, or setting new lows, buy. Don't be greedy. As they shoot up 20-25%, take that profit.....and wait for it to happen again. Nothing fancy, but easy money. You don't need to be exact on tops or bottoms, but don't chase a coin once it's breaking up.
You are viewing a single comment's thread from:
Yes there is some trading to be done for sure. Though the smarter play might be to short on rips and cover on the dips. The market is in a downtrend and looks like it keeps wanting lower lows on altcoins.
Im sure your right, but I've never got into that. I bought the majors back in early 17 and have held. As this bear market continues, I've found this an easy way to make $$ and also accumulate more coins while their on sale.
Not a bad strategy.