If you were filthy rich, would you trade daily?This is why this algo tracking approach works.
If you were rich would you spend your time trading or having fun? I mean, you've probably looked at charts long enough to see certain patterns that you like more or less. You have criteria for getting in and out of trades. And, you have fund to take some losses. A lot of people, basically, set up a robot to buy at-50% support (because that's most likely the bottom) and sell at +23% with a 70 RSI activation. So, a coin goes into overbought which indicates a possible swing high and turns on your bot. Your bot buys at -50% and then it sell at +23%. you'll see this over and over again. BEACAUSE that's what the rich really do, try to figure out how to spend their time having fun and not working. IE crypto Bot. 3commas.com has them. Just set and forget come back and you g2g.25% risk 73% gain. All we can do is follow the bots.
