Earning £1M Through Crypto: Cautiously Optimistic

Earning £1M Through Crypto: Cautiously Optimistic

That’s the best expression for how I’m approaching things right now.

Cautiously optimistic.

I picked up a little ETH on a dual invest at $2,375 overnight and sold it this morning at $2,412.

That’s another little profit.

But I’ve also split my fund into 3 parts because I think it’s going to be mostly down from now until the weekend – assuming the same weekly cycle as before, which may be completely wrong!

So now I have dual invest buys at $2,375 again, $2,350 and $2,325.

That covers the first 2 support points in steps downward.

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Yes, this approach risks missing out on a pump.

Yes, I’d probably be better off doing that whole “grid trading” thing designed for sideways markets (which, incidentally, CoinEx has just made available as an automated doodah).

Yes, I should probably have held the ETH I grabbed at $2,375.

But all that is why I have the Banking category, isn’t it?

If prices continue to pump, I just reassess for Trading. Banking will pump along with the market.

Got it all covered, lol.

 

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