- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: XLM (Stellar Lumens) retraces 25% after Coinbases announces (no new coins on the horizon)
Posted on 1/4/18 at 9:06 am to lsugerberbaby
Posted on 1/4/18 at 9:06 am to lsugerberbaby
quote:
Quick buys trying to catch rallies is dangerous business.
see, thats the logical argument and id agree with you 100% on a mature market
this market is extremely immature though and what we're observing is that you can throw money at nearly any low priced coin (under $1) and it will continue to rise
for now, its best not to think too much. for example, i sold TRX after a 50% gain in one day because "this will clearly start correcting soon" - it goes up 70% more only because its so cheap to buy
1
Posted on 1/4/18 at 11:04 am to rocket31
quote:
what we're observing is that you can throw money at nearly any low priced coin (under $1) and it will continue to rise
Very true. But what are you doing to buy those low priced coins? Selling off other coins? I haven't gotten into day trading/ swing trading...still very new to a lot of this. But I now know that in this market, a coin can shoot up out of damn near nowhere.
quote:
i sold TRX after a 50% gain in one day because "this will clearly start correcting soon" - it goes up 70% more only because its so cheap to buy
Kind of like this. I guess I find myself being more of a "hodl" person...at the moment at least. I just want to accumulate as much coin as possible. I've found myself making the mistake of selling off coins to try to catch a rally, and ended up buying way too high (rookie mistake in this new market). Like I said though...it's risky. But I guess that's for each person to decide to take.
I appreciate your input on this crypto talk. You give pretty sound guidance.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News