Litecoin Officially Launched Segwit This Morning.

People Can't Understand Why the Price Dropped.

I have to admit I used to be one of the people who bought when big news came out and I could not figure out why the coins I bought kept dropping when I purchased. Then I wisened up and began to educate myself on how to handle my crypto currency trading.

I now begin to build a position in a particular token when I hear that news is going to be released. Then I will slowly sell my position until the news is public. This tactic has worked great for me since I am not someone who uses charts to set my positions.

The only charting I do is avoid the winners and look for the coins that are down for the day. I also will take the plunge if a quality token takes a large hit in a short period of time and is at or below where it began a rise.

Here is What Litecoin Looked Like After the News of Segwit Activation.

I Have Lost Plenty of Bitcoin Over the Years Due to Inexperience.

You have a treasure trove of experienced crypto currency traders on Steemit. Learn from us and I promise you won't have to feel as much pain as we have.