Simulation of Trading & Investment Decisions (Post 1)
As always, Hive and LeoFinance are great places for learning about crypto investments.
I am planning a series of posts to scenario-play how one's investment decisions can play out based on what we can see on the chart. This will involve a price chart that is pre-created, and not based on any real assets. Let's call it Simulation of Trading & Investment Decisions or #stid for short.
Over the next few days, I would be revealing the pseudo price chart and you can play along to discuss your decisions.
As I am writing this, I am also trying to make sense of it. So play along with me, and see if we can gain new insights regarding investing and trading.
Suppose you see the price chart below.
You have heard about a new project. You studied it and have the basic knowledge about it, and now you have to make a decision whether to invest in it.
What would you do?
Let me know what you think about when deciding to invest.
I will remove a little of the orange bit in my next post.
Looking forward to your engagement! Together we can learn through #stid and improve our crypto thesis!
P/S: This is not financial advice, and please do your own due diligence before investing.
- ✨✨✨✨Update on Nimiq 2.0 ✨✨✨✨
- Look what I found from a mysterious encrypted memo: The competition is slowly getting real for Hive
- It's not all about the upvotes...
- LEO in accumulation phase?
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
Posted Using LeoFinance Beta