Is it better to buy Bitcoin than Ethereum!?!As we all know Bitcoin is deciding where the market will go!
Etherium, as the majority of the other coins, follows the market that is set by BTC.
How can we take advantage of that!?
As you can see, it is possible to buy cheaper and sell more expensive if you are in the right place at the right time.
Here is the interesting logic though.
"It is more important to buy at the right time than to buy at the right price!" - Samoto
Why?
Cause with the right time, you can use the power of interests compounding and thus getting much higher profits.
Imagine you earn 100% profit on BTC and then you put it in ETH and you earn 100% in that one also.
It compounds into 400%! Is it harder to expect BTC making 400% or BTC and ETH making "only 100%"?
Sure this is just a hypothetical example but if you check up the graph closely you will see that you can use the same logic.
Imagine selling BTC when it peaks and putting (some of that) funds into ETH. If and when ETH peak is delayed you can use both for maximizing your profits.
Are you buying BTC right now or are you thinking of buying some more ETH? ;-)
Now, the interesting calculation: How many times do we need to double our money to get from 2k$ to 1mio$?
Believe it or not, it's just 10 times! Compound interest is great if you can use it in your favor. Much better than banks using it against you!
This is just an idea. It's not investment advice!
However, if you like it you can follow me and get to know more ideas like that.
Maxprofitminrisk
[EURCADD][UPDATE] Few candles before riding the BullSame here, as my EURUSD idea down below this is a very profitable bet here with almost no risk (I like them a lot). You can use them to reduce the risk, 2 trade 50 50 % on the investment. anyway... use your strategy
The buy zone matches the fibo lvls as well but wait between the .382 and the .5 to maxx the profits and manage the risk(Unless you need to sleep then you will miss a few pips in the morning).
leave the SL as it is for now until the plane takes off and move it to even then to + 10pips when it reaches 20 and so on(If you are awake or you can automate it... I guess).
Never hesitate to comment or ask questions.
**Never forget your helmet when you take the right candle**
**Enjoy trading ! it's thrilling"
and
**SL should NOT and almost NEVER be beyond 10 pips! JUST Wait for the right moment to get in !***
**I am trying to be as much precise that I can. **
**Use TradingView as a confirmation tool for your own strategy**
**Please study hard before placing your money on Forex**