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June 10, 2018, 08:50:24 AM |
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I agree with your view, holding now is more dangerous in my eyes, better to find coins you would typically hold and short term trade on them, I'm doing a mix of 50/50 hold and trade and I've only lost money holding, trading on the other hand has been bringing me in about 20-30% a week at the moment.
A lot also depends on the amount you trade, anything under 1 BTC some of the lower cap coins are bouncing heavy, for higher amounts you'll need high volume coins which I'm finding are a little more risky in terms of gain potential, I've been swing trading around RSI points and other general research, roadmaps etc.
Blockport has been my best coin for swing trading anything under 1 BTC, it's lacking the volume for big trades but anything under 1 BTC it's been bringing me about 20% a week just buying the RSI dip and selling 10% up.
Neblio was doing me well too but it's just taken a pretty big dip, probably in a good short situation now.
With both the recommended projects I've mentioned, I have long term faith in them so if something goes pear shaped in the short, I don't feel so bad.
For higher volume but smaller gains, EOS looks like a good one right now.
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