Good morning! Today I have added a position to my Cryptocurrency portfolio on Coinbase Pro, I purchased Filecoin or FIL.X for $197.35 dollars, now the strategy here is to dollar cost average or DCA since this coin is overbought but currently down 15%.
Once I am comfortable with the amount accumulated the plan is to sell once it hits the 52 week high.
Here is what the Filecoin USD chart looks like:
Note that this is not financial advice, however I do believe that there is good upside potential around the $225 dollar area, if this Cryptocurrency continues to dip I will continue to buy in small increments until the trend changes.
Let me know via a comment which Crypto you are buying or selling, please bookmark Javier-Ramos.com and come back for more Crypto and Stock Market day trading and investing tips, if you would like to be added to my newsletter please send me an email: email@example.com