Once again although most folks are tired of reading or hearing about it, the 6th wave of the Covid-19 thru variants has cases climbing once again as hospitalizations climb. I continue to mask up and wash hands frequently when entering shops, etc.
Today I've been reading about a slowing economy now in Canada that needs a boost plus that inflation/rising interest rate factor has some investors rearranging stock portfolios but being a dividend stock holder, I'll stay the course with my picks for the long term just keeping tabs if there is trouble with a company that could lead to dividend cuts. I figure that plan would work for folks in any country that are into dividend paying stocks and ETFs but in the "Do-it-Yourself" scene, it's just that ... picking individual strategies.
In my Blog reading list, on the right side bar, Tawcan has a good explanation and breakdown of what dividends are and lists stocks he is interested in and stays invested, on Tawcan - Dividends.
I'll be adding to this list where Blog authors share their experiences (good and bad) in the stock world and provide a lot of information that comes in handy for yours truly.
With the average crypto coin volatility and with some having wide swings in price, one can make some generous gains with trading pairs such as ETH/USD on exchanges like Kraken and others where I seek a high daily volume of buys and sells to get my trade orders completed quickly at the price I seek.
These days, it takes more time for me to weigh the risks where trading is usually in a "narrow range" and countless factors influence the price of a coin like Bitcoin today that weren't around a few years back. Questions come to mind like ... is the coin 'bottomed' for now or is it still too high based on the past weeks and months price patterns?
As I look over charts and patterns, I make decisions to wait or trade. Today, I decided to trade USD for ETH at $3200 USD after ETH came off a high price and wait for another increase in price that may happen quickly or in several days where the coin is in the positive spotlight moving from Mining to "Proof of Stake". More environmentally friendly they say.
I enjoy the crypto trading game (24/7 unlike the stock market) while attempting to minimize my risk and losses.
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