When I started investing in crypto, as a newbie I thought that after a short period of time I knew everything.
When the time has finally come I took my profits with the intention to rebuy the same coin again as it dumps, because I am so smart that I know that after I sell it will dump.
Well, that was a big mistake.
Not only it didn't work, I actually bought the same coin at a higher price and I lost around 15% of my initial investment.
I tried everything to be honest. Short trading, daily trading, liquidity trading and I got rekt every single time.
That is why I am just holding from now on. When I make bigger gains that I am satisfied with I will sell a part of my investment.
My plan is to take my initial investment and then try to "trade" with the money I earned on top of that.
Untill then I will just hold, because really that is the only thing I am good at, and I will leave trading for people who are smarter than me.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments