AI
Tuesday, May 25, 2021 2:47:33 PM
End of week 3 - Stupid Simple Crypto Trading Plan
Well, a train wreck certainly occurred in the crypto ecospace last week. The results speak for themselves and are below. I plan to continue with this to see where it goes. It can and has risen as quickly as it falls, but it will take a 100% gain just to get back to even.
Yes I know, past results are not the future. This is an experiment and a learning experience for me as I explore the crypto ecospace.
Also, converting all 5 coins from last week into a stablecoin (I chose Tether (USDT)), then converting USDT to buy the 5 new coins for the current week in equal dollar amounts worked well to rebalance.
GLTY
Well, a train wreck certainly occurred in the crypto ecospace last week. The results speak for themselves and are below. I plan to continue with this to see where it goes. It can and has risen as quickly as it falls, but it will take a 100% gain just to get back to even.
Yes I know, past results are not the future. This is an experiment and a learning experience for me as I explore the crypto ecospace.
Also, converting all 5 coins from last week into a stablecoin (I chose Tether (USDT)), then converting USDT to buy the 5 new coins for the current week in equal dollar amounts worked well to rebalance.
GLTY
My posts are my opinion. Always trade at your own risk.
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