When daytrading goes wrong !
One should start daytrading after learning Technical analysis for better understanding .
I would advise to go through ew analysis for beginners .
FOMO trading mostly results in loss , it's better to HODL than FOMOING into something .
Buy low sell high .
Say no to buy high sell low .
The best strategy is to hodl most of your coins while day trade with some of them. For example, you can hodl 80% of your coins, while daytrade with 20% of them. With daytrading, you have a chance of increasing the amount of your coins, but obviously you won't want to put all of your coins for daytrading.
That's what i do , 80-20 . hodl coins performed better as of now .
It's true, it's not as easy as people may think!
Agree that people should trade with their head, not their emotions. Keep it up,
Yeah dude , don't have a crystal ball . I do trade during bull market and Hodl during bear . It may work out .
You must also buy back some during bear.
Nice post i acually did a post where i talked about the pros and cons of trading or Hodling Please check it out!
You can share the link here , i wont consider it spam .
I never enjoyed day trading, too much panic at every swing.
i enjoy the short-medium hold strat because if you do your research and trust yourself you should never feel like you are losing :)
It's really stressful , even with the gains .