The most risk-managementy approach preached is to buy the dips (like now), continuously, and hold until we arrive to the promiseland (or until you're comfortable with gains). Note this is applicable to Bitcoin, not other cryptos, of which most will have "very short" lifetime
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What do you mean by very short lifetime?
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A year, of even five years? They might still exist after that - as long as they are mined and traded, I guess, will even inevitably get pumped - but if they aren't being actively developed, aren't innovative and aren't credible in long term, there really isn't a reason to hold it
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Got it!
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And then there is trading
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so what do you recomend?
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I'm searching advice here :)
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That's not a good idea excepted if you're going to pair-trading
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Humm interesting definitely need to learn more about the pair trading
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if your in math like
@nono2357 it will be easy
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Don't invest what you can't afford to lose.
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If you believe what the crypto technology the currency is based on. That gives you better under leg to stand on outside of just making money on crypto
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Tldr ; invest in good technology over idea of making tons of money
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Personally only invest what you can afford to lose, buy on the dips and sell on the highs (unless you want to hodl), don't put all your eggs in one basket. I invest in litecoin/Ethereum/dogecoin/moneo and a little bit of bitcoin. Nice little mix that gets me a good return
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Bitcoin will boom like always, it moves 7 steps forward and 2 steps back. Don't go FUD over it. This is the best time to invest, but invest what you can afford to lose.
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contact a lodge brother of mine
@jasonwoodland1. He is big time into the cryptocurrency world...Thanks. Twitter will use this to make your timeline better. UndoUndo
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Mate, do not invest now. There is a huge hype. Enjoy Christmas and the new years Eve. Then we get back. It happen some stuff which makes the markets crazy... We will speak later about it. Enjoy the season mate
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Been mining BTC since 2012. I have holdings in XRP ETH IOTA. AMAA
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i can be ur lil french saviour (and i love u btw)
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Just follow a simple rule: "Never invest more than you can afford to lose". Good luck ;)
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If you already invested money in crypto currency, I will be very interested to discuss with you here or by DM