RE: Saturday Savers Club with @susie-saver | Week 10 - Saturday 6 March 2021 - Win EDS tokens for comments!
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Happy birthday!!!
I am a conservative risk taker and only risk what I won't miss. Last week I started DCA with BTC and am hoping I'll keep at it this time. Third time lucky! 😁
I generally buy tokens based on what trusted people recommend. I have a growing list of tokens to look into but have come to accept that I can't do them all.
Apart from DCA and buying the dip with BTC I am buying Hive based tokens here and there with the proceeds from selling Starbits or DEC. However, I'm selling very little at the moment as the price is pretty low on both of them.
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Thank you 🙂!
That's a good plan. Good luck with the DCA - I find that easier to just plod along with. Selling (having a selling plan) is going to be the tricky part for me 😂.
What's on your list of tokens to look into?
!ENGAGE 20
I used to think that too but now I'm planning on never selling and just earning passive income from my tokens once the DeFi space gets more established. And who knows what else might be coming along similar lines.
Coins on my list to buy which I probably won't buy now . . .
Polkadot when it was $3.30
OIN @ 0.62
SWERVE @ $3
RARI @ $1.40
RUNE (last November 😱)
Polkastarter in Jan
Exceedme @ $0.76
To name but a few. I missed these when they were at great prices but have made my peace knowing there will always be others.
And . . . I don't think I'm ever going to be a trader so better to focus on a few tokens and keep taking small steps.
Let's get the DCA on BTC sorted and into a habit and then add something else into the mix.
The selling of Starbits and DEC is all over the place at the moment, as is buying LEO, UTOPIS, EDS etc. But that's OK. I'll get into more of a rythem eventually.
!ENGAGE 20
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Some interesting coins in your list. I wonder what @metzli thinks of any of them, she's usually pretty clued up 😁.
Good idea to stick with one plan at a time. DCA on BTC sounds ABC 😂 x
I haven't bought my BTC yet today. I keep watching the price and waiting for it to go down a bit which is exactly not the point of DCA. 😂
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Hehe - I hear you!
Have you got a (specific) goal for your BTC savings? That sometimes helps.
Two other tricks:
You can use each independently or together.
Which exchange do you use?
No. I'm waiting for John to do and update of our current finances/desired future finances spreadsheet so I can work from there. That could be a long time coming though.
I like your two other tricks. I started doing something similar with selling STARBITS and DEC but generally never end up selling anything because the price is low for both currently.
I don't think I'm approaching it right though because I'm looking at it in dollars but what I really want to know is how much LEO, or other tokens I can buy with SB or DEC since I don't want to turn them to Fiat.
There are just too many moving parts for me and I end up feeling overwhelmed, especially at this time of night.
I'll look at it again tomorrow . . .
I use Coinbase Pro for BTC because I can get GBP's there quickly and easily and place a limit order. I learned to do that when it was GDax and free.
I started to use Cypto.com for the same reasons but then they dropped their GBP pairs so I went back to Coinbase Pro.
For Hive stuff I use LEODEX.
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ENGAGEtokens.