Crypto Gurus are Liars

lolcathost (39)in #crypto • 7 years ago (edited)

At first when I began investing in crypto currency I bought $ETH, $BTC, and $LTC. Then I got bored watching it go down.

I knew about the #HODL mindset but was unable to remain patient.

After about a couple months of putting in what I could spare each week, I started opening up accounts on numerous exchanges and began beaming $BTC to each one with the intention of buying the most hyped Alt-Coins of the day.

Antshares ($NEO) was the first. That was a good move. Selling it when it didn't pay me quickly enough was not a good move.

Always be hodling.

Now I'm using 80% of my investment money to buy the big ones and #HODL. I'm starting small so staying in the top 10 range of crypto currencies: $BTC, $ETH, et cetera..

But, because I get bored easily I've have been putting in 20% of my investment money into the risky coins. Many coins will go to the moon but many rockets fail.

I've got my coins to #HODL safely for the long term and the fun and weird coins to keep my brain occupied.

Trading is fun for me and is safe when I separate out the bulk of my investment into the lowest risk currencies. I can make some money usually without fail when I dedicate a day to setting alarms, reading charts and riding the climbs, and selling the profits.

Many famous internet Crytpo Gurus say 'day trading' is not good idea. I think they are liars.

#cryptocurrency #altcoin #trading #hodl

7 years ago in #crypto by lolcathost (39)

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huntacrypto (26) 7 years ago

I assume the crypto gurus say not to trade it because they may lack the time to be able to trade everyday due to traveling or other distractions. But I think you are doing it right investing and trading is the way to go! Keep up the good work!

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lolcathost (39) 7 years ago

Thanks. I think you are right. Trading successfully takes a lot of time. Especially hard when you have a day job already . Also hard when your a total n00b like me.

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