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Topic: Holding BTC vs Day trading or short term trading. - page 14. (Read 2764 times)

jr. member
Activity: 340
Merit: 4
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned

Day trading or short term trading is not for everyone and requires a certain skill set as well as mental control. Although you say you've learned your lesson perhaps what you have learned could be used to have better results again in the future, you've identified that you buy too high so try and correct this and be even stricter with what price you buy at.
Honestly the day trade was risky comparing with the long term trade. But if you are seeing about the latest chart, The day trade needs a lot of the experience. If you are playing in the big market and you will be able to loss it just in a second. But another thing about just try again and try to avoid all of mistakes.
You are leaning a lot of lesson from there.

if you learn basic of trading then you can do daily trading and you can make profit as much as you want. but yes it still too risky because the price is always changing in every time so we need to follow the chart and the market to prevent getting loss in trade. i am sure that if we are doing trading in many times then we can have experience so we can trying to make profit even its just small profit so we need to be careful when we decide to buy and sell.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned

Day trading or short term trading is not for everyone and requires a certain skill set as well as mental control. Although you say you've learned your lesson perhaps what you have learned could be used to have better results again in the future, you've identified that you buy too high so try and correct this and be even stricter with what price you buy at.
Honestly the day trade was risky comparing with the long term trade. But if you are seeing about the latest chart, The day trade needs a lot of the experience. If you are playing in the big market and you will be able to loss it just in a second. But another thing about just try again and try to avoid all of mistakes.
You are leaning a lot of lesson from there.
member
Activity: 160
Merit: 12
🤖UBEX.COM 🤖
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned

Day trading or short term trading is not for everyone and requires a certain skill set as well as mental control. Although you say you've learned your lesson perhaps what you have learned could be used to have better results again in the future, you've identified that you buy too high so try and correct this and be even stricter with what price you buy at.
full member
Activity: 235
Merit: 100
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned
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