Monday, May 4, 2020

Back in the game with crypto!

I've decided to get back into the trading game with cryptocurrencies. Find out why I've decided to do this and what my plans are for trading long-term.

I've moved my assets to Coinbase Pro simply because of the volume and it is operating legally within the US regulations on US soil. So there is that.

While I'm still HODLing and getting some increase in value thanks to the recent rise in BTC prices, I'm not content to just "ride the wave" and see what happens. I'm going to get back to trading using the simple strategies I learned over the last few years. The object of trading is, of course, to increase my BTC holdings, plain and simple.

I've got the goal of putting more money into play as well, to edge me closer to my goal of having 1 BTC to put away into either a paper wallet or a hardware wallet. We'll see what I decide to do once I get there. It would be optimal to get there before the next all-time high is reached, but we will see.

The future is bright for cryptocurrencies and especially Bitcoin as a store of value. The current pandemic and ensuing economic crisis has proven that BTC can hold its own against gold as a store of value and definitely against fiat currencies like the US dollar.

So that's what I'm doing with crypto. How about you? HODLing? Investing? Mining? Trading? OR are you still on the sidelines? If you are, the best time to get started is TODAY. Check out the link below for FREE training on how to get started with Bitcoin.

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