With the benefit of hindsight, buying on 26 December 2018 and adding on dips would have been hugely profitable until the turn this year. At which point, selling and then adding on rallies would be profitable to this point and possibly beyond. It seems to me that, if the payoff can be so huge, it's at least worth trying to catch major moves and ride them up rather than buying and selling and losing lots of money during sideways periods like I have done to enormous frustration and upset.
Oh dear. I see a 'red flag' here for sure.
Coinsilium Group Limited
Investee Company Update: Factom Inc.
Coinsilium's interest in Factom is by way of 150,000 Series Seed shares and 73,291 A-1 preferred shares valued at £236,776 on 30 June 2019.
So the first red flag was the share price declining. The second red flag is this news. The question is whether there are more companies which Coinsilium invested in which are going to be struggling for investment and finance? The chances are yes there are.
True. Going for the big swings works and so does scalping for everyday gains. Big swings often take time and sometimes one has to be patient and wait and pay the vig for the wait. Taking profit where one finds it is no bad thing and to be encouraged and applauded surely? Especially if one is lucky enough to short, trade out and then reverse one's position and profit by each swing. I agree if one takes a position and is going long and has a clear target in mind there is little point trading in and out, but when there is obvious profit what's wrong with taking it? Traders seem to have different approaches to gain. If one were running a bot one could easily programme it to do exactly that.
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