Quote:
Originally Posted by potter
If you don't own any yet, then don't buy any right now. They're obviously in a bubble. The way to make money in a market is to buy low sell high, not buy while it's high. Very simply concept that so many seem to forget when trading.
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As a no longer active daytrader that is not completely accurate. You buy near intraday support or when the price breaks a significant resistance. Scalping for small $2-5 per coin differences really adds up when you do it multiple times a day. Just keep an eye and sell at a planned loss of 5% or 10% if your scalp goes south. Don't be a terd and hold it while it circles the drain in hopes it will go back up.