Hi I'm a newbie to this whole thing although I've followed it since My Gox. I registered with an exchange and bought $1000 a few weeks ago at around $2200. It went up to 28 and I took some profit and then it started to drop and I got scared and transferred it to my USD wallet and then bought eth. And also I bought $50 here and there etc. Bitcoin started to go up again and I bought back at a bigger price then I sold it for. Then when it hit $3000 I didn't sell because I thought it was going to keep going up. It crashed and I sold again. I was trying to protect my original investment and at the end of the day I have $950 in my fiat wallet. I added up all the fees etc and I've spent $240 on fees etc! "Buy low, sell high" was lost in the craziness. Now I"m just waiting before I do anything else. Made a lot of mistakes and I"m wondering what is the way to go and is this an investment or a casino??!! Any input would be appreciated. My original goal was to buy 1 coin and keep it and another to trade the market. Thank you.
You know what bruh? You suck at trading. Clearly you haven't studied it well yet. If you're just gonna continue asking for opinions rather than search for solid answers yourself, you might as well go and stop trading and just hold. You cant get valuable things in this world without effortss. Let alone profits. If you really wanna trade, then i suggest you just take it slow pal, learn the mechanics first, don't rush things. Get to know bitcoin itself, then dedicate time into learning trading than going out and buying and selling without having complete knowledge of what you are doing. These words kinda hurt but you need it. Absorb it and learn, dont hate it and ignore. Good luck with your choices in life. Wish you all the best.