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RE: A Super Simple Trading Strategy Anyone Can Use
Oh, one more question.
I thought the number one rule of crypto is never leave your coins on an exchange?
The second rule is read the first rule and follow it. The third rule has something to do with secure backups and such, but it seems most people manage to mess that one up. :)
Was curious about your thoughts there and leaving so much coin online where you don't control the private keys. I had a friend who got bit by MTGOX even though I was telling everyone to get their coins off.
Maybe we should all be using Open Ledger then it wouldn't be a problem. :)
Great point @lukestokes! I absolutely forgot to put that in there. I have all my private keys for Steem, Bitcoin and Dash stored safely on pendrives and paper!! Those are the ones that have more in them.
The key point in your comment is "so much" which is a completely relative term. I do not consider $5000 to be something that would make or break me. If Poloniex were hacked tomorrow as MtGox, Bitstamp, and Bitfinex were (I was out of all of those in time), I would lose my $5000.
I am trading this same system on my phone -may post on that. I use Coinomi and can trade the system with my keys in my pocket. The down side to that is that buying and selling carry a higher fee because they go through Shapeshift.
Ah, very good to know your stash is still offline. :)