I would implore all teams that have gone the ICO route, and are still to come to go back to this little gem of a book and read it. When Ethereum first came to the scene it felt like a blue ocean it brought a whole new value set to the market, since then it’s been a slaughter of red oceans.


I would implore all teams that have gone the ICO route, and are still to come to go back to this little gem of a book and read it. When Ethereum first came to the scene it felt like a blue ocean it brought a whole new value set to the market, since then it’s been a slaughter of red oceans.

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How I have made the bear market fun for myself – Extremely low-risk‚Äč swing trading


The past few weeks I have been swing trading to stay more engaged in Crypto. It is fun, extremely low-risk (the way I do it), and encourages me to forget the USD price of things. Before then I’ve really just been holding, occasionally taking new positions, but for the most part not paying much attention.

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So what I have been doing is I set aside a very small % of my holding portfolio for swing trading and moved that to Binance.

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The rules I’ve set for myself are:

* Always trade between to and from BTC (never Tether or back out to USD)
* Only trade between coins/tokens that I already hold (about 10)
* Only swing trade. So no attempts at day trading on an hourly basis

Because I am trading everything to and from BTC, I don’t really care what the USD price of anything is anymore. Of course I am still aware of that, but where before that was the only metric I kept track of, now I am seeing how everything is doing relative to BTC. This way I’ll never get stuck with something overnight mooning between swing trades and missing out, because if BTC spikes up it’s likely other projects are pretty close.

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And because I only swing trade coins/tokens I already hold, if I do get stuck with something that took to big of a loss and can’t sell for a while, then I don’t care. It just becomes part of my regular holding as far as I care. And because I’m not holding any crazy risky assets, I’m pretty confident anything I trade will bounce back (otherwise I wouldn’t be holding it.)

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Finally, I only swing trade and not day trade because day trading seems too unpredictable and whereas if you’re looking at the BTC price of something like BAT on a day or week view, it’s much easier to see where a price likes to settle.

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[Here](https://i.imgur.com/SBCFjhb.jpg) is how I’m doing so far and average an 8% gain per trade. This is really just been a testing phase to see how the idea works. I may add a little more to my swing trading budget. But mostly I am just treating it as a game of can I turn ~.05BTC into 1BTC. (I am still doing research into other projects trying to learn as much as I can for my long term holds, but because this trading only happens using thing Is already hold I feel like I can treat it as a game.)

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View Reddit by Sherlocked_