As a trader I like to quickly enter and exit a market as soon as possible however this seems to be tripping me up as of late. Ok I am making a profit, but I would have made more by simply buying and holding on to the asset in question.
This is proving very frustrating as it is not how conventional markets tend to work - not a complaint merely a learning curve that I need to take on board.
The idea of trading is to buy - wait for a price rise - sell - wait for a price dip - buy - and so forth. I am finding this very hard with crypto at the moment but I'm getting there.
Buy and hold is the answer!
nice advice... will follow you for more :)
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