RE: This is why no one should trade Cryptocurrency

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This is why no one should trade Cryptocurrency

in bitcoin •  8 years ago 

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

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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 ;)