I think you're right. I suck at trading. But in my defense, I am looking to buy darkcoins for a good price and hold until the 25th at least.
You don't suck at trading.
You're just inexperienced. Sh*t, I'm inexperienced and I've been doing it for months. I still find it very difficult and stressful to day trade even though I understand the charts.
The thing is, that's not enough - you need to know about what's going on in the background, what type of market it is if it's slow or fast, pump and dump or long term growth, all kinds of things.
It also ruins your family life because you've got to run from the dinner table to your PC just as the 1 hour averages look like they might be crossing over or whatever and all lights are green on your dashboard. Not a great hobby if you're in a relationship.
Do you know the best way to learn ? Just accept the fact that it's going to cost something and trade with a tiny amount that you PLAN to loose. Just get into the market and see how long you can survive. Then do it again a week later and see if you can survive longer. All the time just trading tiny symbolic amounts. I did that in the Dogue market with about 0.05 Bitcoin, I managed to grow it to about 0.2 (500% gain) and then blew it all in a single bad trade.
If I had been doing that with my full holdings I'd be out of cryptos. So best to go to nursery first.
Ah yes. I thought I learned my lessons since December and I did relatively great lately but now I managed to make 850 from 1050 DRK in 24 hours.
I sold a little too late during the last panic sell yesterday (the server repeatedly kicked me out when I tried to act), and thus I tried to wait too long to buy back slightly lower (lower than my original target before the sell problem), and then I joined the panic buy today when I woke up and looked at the charts from the bad on my phone. And then I panic-sold again with the rest of the sheeps while preparing my morning coffee, thinking I shouldn't have done that panic-buy from the bed. And then I started to realize I completely got out of control but I was still a little fuzzy, so I tried to buy back slowly as much as I could but that 700 BTC mocking on Cryptsy didn't help. So I ended up with ~850
This was one of the stupidest things I have done since I am dealing with crypto if we consider the price.
Now I need to work out a solid strategy how get back to 1k with a relatively low risk of losing even more.
(And they withdraw all and hide the password from myself.
)
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