Post
Topic
Board Altcoin Discussion
Re: do you day trade or prefer a long term hold?
by
Odat
on 19/02/2018, 11:12:23 UTC
I have been day trading since I got started in Crypto and honestly I’m not sure it’s worth it. It’s very stressful and although I’ve made Good money day trading, I’ve also lost a lot. Always checking your phone or pc is not good for your health. I started with $10000 and so far have lost $2200 overall day trading. I make $900 then lose $1000, the lll make $600 and lose $500 and so on. I’m going to keep on day trading until I recover my initial $10,000 and then I’ll add more money and switch to either holding or buying when the market crashes and selling once it recovers.

EVen professionals traders that I know get stressed out big time day trading. I think if you plan on holding, the best strategy is to buy after the market crashes and then you can get the most value for the money. Although the market seems to be recovering now, crashes happen frequently. Heck, if I fart now, it’ll probably cause a crash!.