We are Bitcointalk traders
What we do?
Buy top Sell bottom!
I know its a parody... but It just doesn't have to be this way.. trading in crypto is so simple, but it requires following basic rules and patience..
1) Never hold all alt coins, you have to hodl atleast 40-50% of your entire portfolio as bitcoin (or maybe to a lesser extent ethereum) number 1 problem all noobs make.. if you are losing money this is most likely why.
2) Never project prices.. its pointless and won't help you.. projections on price is emotional trading.. just set a goal. (and it better not be 2000X)
3) Look at sats.. not USD.. USD will wreck you long term in trades... if your investment in an alt cant beat its BTC comparitive.. thats the same as losing money.. since you would have done better just hodling BTC.
4) Don't buy anything in parabolic runups.. don't even CONSIDER trades until they've passed atleast the 50% retracement level and not even likely then.. if you miss oh well.. just get the next oppurtunity.
5) Don't lie to yourself that long term hodls that the entry point doesn't matter.. of course it does.. even if you make 2 BTC or more off one trade.. 4-5 BTC would have been better.
So lets change your cheer to..
We are bitcointalk traders..
What do we do?
Buy noobs blood, leave them bag hodling