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RE: Who got the best fill on BTS?

in #investing6 years ago

I find it funny that I remember a few weeks ago you were telling me to sell at least a part of the Steem at 4$ and that would have been a good choice because it got lower just in the very next day. Now 3.5$ is a good moment to buy. I am still impressed how fast does this market evolves!

My best buy would have been (because I was too afraid to do it) buy Cardano at 0.02$ and sell it at over 0.6$ three months later. That would have been a nice trade, but again, I still blame myself for being too scared to do it.

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I am still impressed how fast does this market evolves!

Unless you're a very nimble and expert trader, the speed of these markets is one of the biggest reasons why the best option is to hold long term. It's a long term bull market, and the long term surprises should therefore usually be to the upside, and sometimes when we try to get too cute, we get left behind. In fact, I'm only "trading" 20% of my overall holdings - 80% is a long term hold that I won't even touch and going from 90¢ to 22¢ doesn't even phase me precisely because I know we'll be above 90¢ again sometime probably very soon.

going from 90¢ to 22¢ doesn't even phase me precisely because I know we'll be above 90¢ again

That's encouraging! And I got fooled by all the trading advice that you provide, thinking that you are a main trader and not a holder. I had tried to trade before, obtained some profit after all, but I don't like it anymore after I lost some money there :) Never going to do that again :D

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