I presently use an exchange service, that has option to hold in Fiat money as well, such as USD
would this method work.
1. put some money into a crypto. e.g. ETHEREAL
2. wait for it to all go up, the rates to go up
3. withdraw all or just the gained earnings and put into Fiat account as holding
4. wait for Ethereum etc to go down again, to fall
5. reinvest and put in from Fiat account again,
6. wait for Cryptos to go back to green again.
7 repeat cycle
would you consider this as a decent way to make earnings in crypto?
Investing in Crypto currencies is very risky in, it is difficult to predict the trend of the currency, but the question is how can we predict that the price will go down?