waterworks
Senior Member
- Sep 28, 2013
- 1,018
- 383
I've changed strategy recently from a long-term holder on many coins to day trading. I found I can make money must faster buying/selling with a single bitcoin multiple times in a day, than I can waiting for an alt coin to double in price. And currently, I can sit and watch the market all day long which means I can sit and adjust my stop losses all day long to lock in my profits.
There are quite a few alt coins I believe strongly in, but right now, I don't want to tie up my money for so long. As I make more money on the super volatile coins, I'll reinvest some of it in long term holds again like IOTA, etc. and rebuild my alt coin portfolio and continue to diversify.
It's a strategy that is working so far and I'm happy with my gains.
There are quite a few alt coins I believe strongly in, but right now, I don't want to tie up my money for so long. As I make more money on the super volatile coins, I'll reinvest some of it in long term holds again like IOTA, etc. and rebuild my alt coin portfolio and continue to diversify.
It's a strategy that is working so far and I'm happy with my gains.

