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RE: Numbers to keep a close eye on….. Bitcoin, Gold & Silver, Copper, US Dollar Index and Crude Oil…. The powers that be are scrambling

in LeoFinance3 years ago

Even with it being down from it's all time high, there's been room to make profits day to day almost, with the dips and then small peaks before the next larger dip. Analyzing the markets is fun and I feel like more people would see that and benefit from it if they would be open to even attempting to day trade. I've bought and sold BTC anywhere from $400-$52,000. Fractional selling has kept me from making a single loss when I bought in higher. If you make sure to only put 60% in @ whatever you're buying at, you can use that other 40% as leverage to buy a dip and then quickly sell on a crest. If your 60% goes down in value by 50%, but you've earned 300% out of that 40% you kept out in that time, your 60% is now 30% and that 40% is now 120%. You've got 150% of your initial right there. I think the problem with most people investing in crypto is the whole "Put all your eggs in one basket." ordeal. Too many are putting too much in at once and not giving the prices time to fluctuate in either direction. Just my thoughts on things.

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Cool thought’s…and I agree with you, I day trade in my head mostly, but when I have the funds I do make few trades and ride it. Like I bought Rune at 1.6 and I’m riding it up now. I spot cool trades like that from time to time. I’m too broke to trade with big numbers lol so I make only little gains, perhaps when I get my numbers and confidence up, I’ll be trading with bigger numbers and I’ll be better at spotting cool trades. I spotted a lot of cool trades with Hive too over the week. But a traders best friend is capital.