Simple answer is don’t day trade. Nobody ever lost any money if they can hold their bitcoin medium to long term (4 years or more). Stop obsessing with the current bitcoin price & getting stressed about short term price movements. Look at bitcoin as a way to make life changing money, you need patience if you are a noob now.
You might wanna read the first post again.One of the undeniable features of BTC is price Volatility. When the market is green, a trader can run into massive profits. However, on a bad day ones Portfolio can varnish within hours. My question, is the price volatility of BTC more of an advantage than disadvantage to traders?
From my very limited trading experience (I was horrendous at it so I simply stopped few years ago) I would say that BTC volatiliy is an advantage to the experienced traders and that volatility is what brought stock traders into crypto after all. Then again, I know IRL very experienced stock trader (30+ years), and he told me that he simply doesn't have nerves for crypto trading, even though he invested some via Grayscale (he is also too afraid to hodl his own BTC lol).By the way, this topic looks more like a material for Speculation board.
