That's very interesting. I'm still new to the world of cryptocurrency. You've definitely given me something to think about.
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The vast majority of those who dabble in trading will bleed money fast. Profitable trading is the province of skilled professionals.
Many crypto investors have found that buying and holding, a.k.a. HODLing is the least risky and ultimately the most profitable strategy. That's because it's so easy to lose composure because of the crazy volatility crypto. The only thing you have to decide is when to get off the train or whether you believe in crypto to the extent that it will be adopted in the end in which case you would never have to.
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I have no desire to get into trading at this point. Maybe someday, if I feel that I have become educated enough about crypto to do that. But not for a very long time. I am mainly interested in the long term opportunity for now. So I think that's what I will focus on. Until I become educated enough about these types of investments to do anything more. You have definitely given me a lot to think about. Very interesting stuff.
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