Some time ago I spoke with a farmer to try to make an analogy between his activity and mine...
He tells me —I see, you buy assets when they are cheap and sell them when they are more expensive—
I responded proudly —Exactly—
Then he answered me - But that has no science -
I responded proudly —Exactly—
Then I told him, "I do the same thing as you, only you cut the fruit from the tree, put it in boxes and sell it."
He responded proudly —Exactly—
I told him, "That doesn't have any science either, because you just have to wait for the fruit to bear, right?"
He responded proudly —Exactly—
I also told him - I see that you have the habit of looking at the ground, near the tree and picking up some fruits that fell and that can still be saved and I suppose you sell those too -
He responded proudly —Exactly—
"I do it if I see that the fruit is not rotten," he added.
"That's good," I responded.
I do exactly the same, sometimes I see some assets that are on the ground, I check if they are not rotten, I pick them up, put them in the box and sell them too...
He exclaimed in surprise - wow -
I admit that he earns much more than me hahaha... but he and his people work much harder than me.
I just check the chart, look at floor and ceiling levels, support and resistance, go short if it breaks levels and go long at low prices.
This token farming is less demanding. It doesn't burn my back, it doesn't exhaust me, I have air conditioning in my studio, my laptop gives me signals about the weather that affects or helps the crypto fruits and I just take advantage of the harvest.
So plant and grow with your analysis and buy or sell according to your analysis and go short or long when the fruit is ready.
There's no more
AmTrading