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RE: A Super Simple Trading Strategy Anyone Can Use
I've heard of people using similar strategies when rebalancing 401k mutual fund divisions. It works pretty well and can really make things easier to handle emotionally (i.e. Price went down? Cool, I'll buy more and my average buy price will now be less, or Price went up? Cool, I can sell out of some of my profits to rebalance into something else)
I know. I stay away from the low volume coins. BLK and VTC have only cycled 2 times in a year or so. But, you just check in and keep your targets even. When they do move, the profits are nice. I took more than 0.7btc ($700) in the last week.