Sunday, 23 February 2020

Investing in Cryptocurrency Vs Trading the Cryptocurrency




Hi My copiers and followers on eToro know that I believe the price of Crypto will go very high in the next couple of years. We will have a big rise before and after halving happens in May and then the rise will continue for upcoming years. I have been asked 2 questions recently. 1st question is: Why you do not invest more in Crypto? My answer is my money and risk management. I will never invest more than 10% of my account in Crypto. 2nd question is: Why are you closing some of your Crypto positions if it will go higher? My strategy in regards to the Cryptocurrency has 2 parts. Invest and trade. I will leave open the investment part until I get to my targets. I will open and close some other Cryptocurrencies that I am trading on. I have been closing trades with 10% to 100% gain. I am cashing out on these. I will buy back in if the prices drop. Cheers!



1 comment:

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