After Coinbase released a statement saying they have not decided to add any additional assets to either Coinbase or GDAX, we can see the effect the negative news has had on XRP.
https://twitter.com/coinbase/status/948995520973889536
- coinbase
Buying the rumor and selling the news is often one of the best strategies in Crypto trading as more or less it seems like this play is always really profitable. News like being added to an exchange often has a positive effect on an crypto and increases the value, but the hype behind the rumors still seem to be one of the most profitable.
This market is an emotional roller coaster for those that allow their emotions to get in the way of trading. No one is exempt from this reality, new traders and experienced alike, we all need to push our emotions aside in order to consistently profit.
So I want to ask you about your emotional strategy. Mine using sticky notes on my computer to remind me to push my emotions aside and robotically trade.
How do you keep yourself from allowing your emotions to be a factor in your trading? What strategy have you developed to become more mechanical in your trading?