And, I Pulled the Trigger

in LeoFinance2 months ago

 I have been watching these moves and the candlestick dance for months. I tried to learn the technical analysis and mingled with like-minded @leofinance experts to understand when is the right time to buy crypto assets. Although all financial suggestions on leofinance are not expert advice, you do listen to them. 


So, I did.I finally bought some bitcoin and ethereum. Not much but enough to keep me interested in the game. As some posts pointed out on Hive, if you have your skin in the game you are more likely to get deeper. So, it is my turn to get into the space meaningfully and make/lose money in the process. 

I have been following the crypto trend lately. There were speculations that BTC and ETH will dip a bit. Excuse my ignorance in using the technical crypto terms. My decision to buy BTC and ETH was on the basis of support and resistance level I managed to draw on Tradingview based on my readings that I have been doing lately.So, I thought 10,800 was the historical level where the price was significantly supported for BTC and approximate 400$ was the range for ETH. 

While I was strolling in the park, I got the notification on my app about this price drop.Being in Canada, I use the Newton platform to buy BTC, ETH or USDT. I finally pulled the trigger to buy BTC and ETH. I don’t know if it is a right or wrong decision but I am in. 

Let’s see if I will be more interested in trading or hodling everything I have. The engagement is exciting but I do not want to make wrong moves. I will keep learning trading basics on how to use technical indicators better. 

That’s my goal. Being on Hive has helped me set that mindset and I hope to continue to learn from others in the platform. Wish me good luck :D
 

Posted Using LeoFinance

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Buying either BTC or ETH is always a good decision. Much better than buying any DeFi scammy project.
The important is that you took a decision based on your own criteria. Always trust in yourself even if you are wrong.
The info provided by some crypto aficionados including myself are only a variable more in your own trading experience.
Well done.

Yeah, I would like to be the sole owner of my decision to buy or sell. Of course, I will definitely look out for advice from more seasoned traders like you. But, it will be beneficial in the long run to devise an individual plan based on my risk thresholds.

Posted Using LeoFinance

Now look at you, your sound like a seasoned day trader already!

No way. Actually, I did not want to sound like one :P Let's see.

Posted Using LeoFinance Beta

Haha lol, I’m exaggerating a little bit 😜

Of course you did. But, I am flattered :D

Posted Using LeoFinance Beta

Nice! Your did pick an interesting time to start investing. I’m very curious what will happen from this point forward.

I bought some ETH yesterday at ~$421 and more today at $401 (especially in preparation for the wLEO-ETH pool).

I think it's a decent time to buy. I always like to pick up something on the dips and take profits when we recover.

Posted Using LeoFinance Beta

:) I want to be part of that little Beta after LeoFinance
I am not a big player like yourself, I guess. I am taking my baby steps and looking forward to learn for sometime.

Posted Using LeoFinance

Being on Hive has helped me set that mindset and I hope to continue to learn from others in the platform.

That is why I am here as well.
Thank you so much for sharing this :)
Have a wonderful day mate!

Yes. It is helpful when you spend time with other like minded people. It validates your idea and boosts confidence. Thanks for stopping by.

Posted Using LeoFinance

I just bought some BTC myself, along with a few other coins. It's set a new experience

For sure. I am walking a new territory which is bit scary.

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