The Asteroid Files #8 | Don't Wait for the Market

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"The Asteroid Files are an archive of my detailed, real-time accounts as a cryptocurrency trader. I am not one for posting frequently, but a friend told me to do a fun little series on how I trade, what I trade and why I trade. Maybe this could turn into something fun. Maybe not.

Either way, I'm going to enjoy myself and tie in some fun science fictiony type of stuff with my daily trading endeavors.

Hopefully I can either bring some direct value via entertainment or my sheer trading awesomeness. Regardless, anything you read in my files are not to be taken as financial advice, as that would be wildly irresponsible.

Invest at your own risk and seek help if you are not experienced. My posts are for entertainment purposes only, especially considering that the title of this series is about asteroids which has absolutely nothing to do with trading... or does it?"


Asteroids Portfolio Snapshot:

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Portfolio Commentary:

It hasn't been a very great 24 hours for all of crypto. The alts and BTC are trending downwards.

It looks like the BNB to LTC play would have been a good move yesterday, but I am still considering it for today, so that' not totally off the table just yet.

As far as adding any currencies beyond LTC, I have a few in mind. Especially because STEEM is up on the day for some odd reason.

I'm hopeful for a nice little rally in the STEEM price in the short-term, which would make expanding the portfolio that much easier.

Something else that I wanted to talk about today as far as philosophy is concerned is this:

Waiting for the market to go in your favor is a bad strategy.

I'll have to write a full post about that topic, as it is pretty deep, but for now consider that waiting for the market to turn in your favor is a horrible strategy. You're letting things get out of your control.

Rather, find a way to take daily action to make what you consider to be success happen each day..

The Asteroid Files #8 | Don't Wait for the Market | Ecency