Tulip King says his favorite trading style is picking the easiest trades and not worrying about them
“I’m optimizing for return on net worth, I’m not optimizing for the coolest/best trades. My thought is how can I construct my portfolio in such a way that my net worth is going to go up not such that I’m going to hit a banger trade”
“It’s not about what the chart does, it’s about what you get out of the chart. So, yes if you buy the bottom of the best coin and sell the top of the best coin you will out trade everyone but you have to worry about vamps, volatility and uncertainty. Like, how many people pick the best coin but they don’t successfully trade it?”
“My thought it’s I’ll just buy Bitcoin and just ride that because that’s such an easy trade because it’s so comfy and the downside is so limited. Like, why not take the easiest trade and just do that? That’s exactly what I love”