Hi Luc and community,
Thanks for all the videos. I got into Crypto a few weeks ago and your videos have been refreshing. To date, I pretty much suck at all of this, but I think I have a better plan now. Here's a few questions I have for the blog community as I know you're busy.
In most of the videos you talk about zooming way out, but in some, you zoom in quite a bit and draw new bases. The other day I bought some DASH at 177 after it broke the base (I think) at 188.
https://www.coinigy.com/s/i/597feb470cd5e/
https://www.coinigy.com/s/i/597fee6007526/
Do you buy back on the very first bounce? I didnt.. and have been been waiting to get back to the yellow arrow. I think I may just dump it above my 2nd buy.
To that end, do most of these sells happen within a few hours, or are they a few days till they re-reach the base? I guess I'm just not sure as we zoom out to month view, it makes sense to wait a few days to sell.. but in this case with Dash, the rebound took maybe 10 hours.
I missed a bit drop today on LTC because I set a limit buy and missed it by $.01. Do you Market buy when you get in? Same for exit.. do you Market sell?
Extra credit..
a) Is there a quick formula for how much you'd put into a trade given the daily volume?
b) what are some coins you follow for dips? I've been following BTC, ETH, LTC, DASH, XMR, XRP and maybe a few others.. I haven't gotten any large enough base cracks to enter besides the DASH and the LTC that I missed.
c) Do you cancel buy orders when you go to sleep?
Thanks all,
Coinmangler