You are viewing a single comment's thread from:
RE: This is why no one should trade Cryptocurrency
Cryptos are all about buy and hold... Forget daily trading, you lose few points in return but when we are taking about 10-20x is not a bit deal. But, if buy-and-hold you can't go into FOMO because you are just accumulating :) don't give up
Thanks man...I am hanging in there. But the truth is that I am learning - although painfully - from my mistakes. Now I now know that there are things I will definitely not do anymore. And you are right...no more day trading. Today I actually shut down my lap top and took my pregnant wife for an evening stroll....not minding if the price is going to hell or the moon...... I feel free.
And I cannot agree more with that strategy, in the long run we will all make money, as we are already.... I started buying big in January, had 1 single trade, all the rest just buy and hold, so far I'm up 20x..... I'm not getting the 100x, ok, but compare to the offline market a 2,000% return in 8 months is quite insane ;)