Does anyone have any good rules of thumb for investing? Not even

Eth markets are cancer (bc of shitcoin ICOs), bitcoin markets are good/better bc it has better coins being added, buy eth under 200

>>2731518
I've put $125 into ETH and i'm down to $97ish. Should I pull out and switch to Bitcoin?

>>2731458
what price did u buy ETH at

>>2731458
#1 rule of investing: Never buy eth
#2 rule of investing: Never buy eth

>>2731458
About $350ish

>>2731458
There are many tutorials online on how to trade. The methods used for trading forex/stocks are still applicable to crypto.

>>2731458
basically if something jumps in price 25% in a few days or less based off no significant news, you should probably sell it.

>>2731581
Any reason why?

>>2731458
Do not invest more than you're willing to lose.

Absorb all the knowledge you can about what you're investing in. Knowing what is a short / long-term hold is a good skill if you don't want to end up a DGB bag holder.

Being able to read a community's consensus on an investment is important. Using ETH as an example, people are becoming pessimistic due to being taken advantage of by ICOs, which reduces hype and drives down new investment until a significant change (e.g. Metropolis) occurs. Short-term pessimism and long-term optimism is a good combo to buy in and go long on.

The most important thing is just knowing when to get out. Your gains aren't real until they're realized in your target asset (fiat, btc, metals, etc.). Don't be greedy.

>>2731565
switch to BTC and invest into altcoins with that 100

>>2731586
Whale dump