Another ETC Trade

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A little while back, I took a chance on a short-term Ethereum Classic trade and cashed out for a little over 10% in just a few days. The price of ETC then jumped and followed Bitcoins unstoppable surge which put the forked crypto into an unfavorable position to trade with.

The great news about trading is that prices will always go back down to a more favorable position. In fact, I was able to pick up a little over 45 shares of ETC at an average price of $5.84 per ETC. My position is already up about 3% and it should not be long before my placed sell order is filled at $6.40 per ETC.

I am going to continue dabbling in the market and make small, frequent gains. This strategy is almost unbeatable because even if the price of the cryptocurrency backfires on me, I am willing to hold it as an asset in my portfolio.

Posted Using LeoFinance Beta



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My best trade ever in crypto was with ETC, back in February 2018. I bought it at $14.7 before a hardfork and sold it at $32 in a couple of weeks.

Posted Using LeoFinance Beta

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