The first and most obvious is a broad-based adherence to buy and hold. This idea is very popular in crypto, that if you buy and hold, you’ll be a billionaire or be rich. That might be true if you happen to choose the right tokens. That might also be true if you...
The first thing to realize is it’s changing very rapidly. New tools are being developed and released on the market almost weekly or monthly. You’ve got to keep up with what there is. But fundamentally, there’s the decentralized exchanges and...
Is Crypto DCA a really sensible crypto trading strategy? There are countless influencers encouraging listeners to Dollar Cost Average their crypto investments and never sell, but is it really sound advice or could it send you broke? Generally speaking, as a retail...
Show Full Transcript Look, I think the biggest challenge that I faced in my trading journey is really just understanding my own psychology and learning about myself as a trader and what I need. I mean, I read a lot of books about different styles of trading and in the...
With cryptocurrency breaking the news almost every day, this is the best time to talk about the most common cryptocurrency myths and misconceptions people tend to have. Chances are, some of these misconceptions about Crypto have hurt your trading / investing or maybe...
The problem of your account growing, and slippage or execution are becoming an issue is something that everyone will eventually face. Whether you face it on day one or the next few years, eventually, you’ll face it as you grow as a trader. These are the ways to...
The reason we paper trade in our world is to make sure we understand the process and we can execute it seamlessly and mistake-free. It’s not to prove whether or not the system is profitable because we could paper trade for a couple of weeks, months, or years...
There’s a slight distinction between switching off and going to cash. All of the systems should eventually go to cash if the market conditions are not suitable, just part of they don’t have any more buy signals, and all of the open trades close out. So,...
As you grow, there are always holes in your portfolio you can plug. There is market behaviors and scenarios that you could dream up that your portfolio may not do brilliantly well in. Thus, you could create a system to address that. There’s always the benefit of...
The purpose is to make sure that the system is yours, that you understand the rules, and you know why the parameter values are chosen where they are. You’ve satisfied yourself that that’s okay. You like the performance, all of these things. It’s sort...
