Undervalued and Overvalued Assets
Not everyone out there is a trader, and neither do I... I had a short period where I have tried FOREX and after that a bit of crypto trading as a full-time job, but I didn't find it suitable for my personality (I was stressing too much about it... lol...). At the moment, I do a bit of trading, if that can be called like that, but only small amounts what I can afford to lose... So, all that I have said in the video, or wrote in the post is just my personal views and they are not any financial advice or such...
The thing that I do currently is "optimizing" my buy/sell orders and usually, waiting for the price to come to me, and not chasing it... If my order fills up, that's great... if not, no worries, there are a lot of other options to enter...
Also, one of the important mid-term strategies is to find overvalued and undervalued crypto assets and trade them... Sometimes, it can be tough to recognize which token is overvalued, especially if there is no history behind it... But, on the other side, when you check the fundamentals behind certain projects, you can get the picture...
The same goes for undervalued assets... You think that "there is no way that this coin goes more down", and it drops 20-30% more... So, be cautious with both things... It is hard to see "the top", or "the bottom", but if you are close to them, you can still be in profit nicely...
In the video, I have talked about POB as an example, but many other tokens can be good examples... Just to clarify, I have nothing against POB, as I'm actually accumulating and staking most of my tokens there... It was just a good, "fresh" example for the video...
PS. Sorry about the strong wind at the end of the video...
Thank you for your valuable time,
ph
Music in video: Growing Up by Scott Buckley https://soundcloud.com/scottbuckley Creative Commons — Attribution 3.0 Unported — CC BY 3.0
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