How to PROFIT during this Dipp
The pullback seems to be at its highest when the Asian markets are active and the trend reverses when the western markets take over. For this reason I tend to keep my crypto in USDT during the night, and buy into the market from noon to 6 pm. So far I've been able to rack up some short term profits implementing this strategy.
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I normally take profits during the rallies and buy the dips, thanks for sharing this, really useful =)
simple man with simple profit.....you must be aspiring to be the next warren buffet in crypto. i love you techniques. it as simple as 123
doesnt work like that for most people. for me a few times when i bought during a "dip" turns out that was a start of an actual dip. and at times when i sold in a "rally" i realize that i sold at $92,00 and the rally finished at $19,000. however i am learning too. i dont sell all my stock hoping for a re entry and i dont use all my USDT for buying either. i am experimenting with 20% profits and 20% purchasing. when i think its a strong rally i only sell 20% and then sit back and analyze again. this approach has worked much much better for me as i am always keeping some of my positions open.
hmmm interesting.. I never thought usdt can be that helpful. The issue is you may miss out potential larger gains. USDT itself is going through issues. Concerns are rising against its reserved backed by actual US dollars. So be cautious when using USDT long term or too frequently.
Interesting strategy! I do technical analysis and try to find coins that has a great upside and high probability of impulsing, like this one:
Library Credits (LBRY) - Analysis https://steemit.com/steem/@benkalashnikov/library-credits-lbry-analysis
Doing the same
Making huge profits
The only thing is that it could take a while but 90%chance you get great profits
Yea, 60% of the the it works every time!
Buy the dip and HODL guys you'll be fine ;)
I bought alot in dips
If I was dealing with 20,000.00 or more I might worry more about holding tether USDT, but I'm working with an amount I can afford to lose. When the market goes way, way down I put funds into USDT until it's over. It appears to be immune to a total market collapse.
Yeah man I wouldn't touch USDT with a 10 foot pole, I actually read of the concerns your talking about months ago, interesting that not many people seem to know about it yet.
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-will-retest-20-k-before-30-march-2018
It's all about the asians
Thank you for posting
Interesting
thanks brother, i watched your all video,its really good for crypto marketing.and i used your tag #vincentb all of my post.i hope you and your all of fan support me to earn a good amount in steemit.
Great video, love Italian cursing LoL... Followed... I just made something on same theme Yesterday.. Have a look and tell me what you think if you have a minute... https://steemit.com/cryptocurrency/@kriptonoob/how-to-act-as-a-trader-on-the-bear-market
Nice strategy with the USDT night trading Vincent.
Am happy I pulled out of ripple on time.
Really glad I follow you and think any newbie up here should do the same. #vincentb
feeling like frog in a well after watching your video :)
It will be interesting to follow how cryptocurrency will be in a year time.