Post
Topic
Board Trading Discussion
Re: Holding BTC vs Day trading or short term trading.
by
ladner
on 01/08/2018, 23:25:32 UTC
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
You can see that the market is fluctuating continuously and the current bitcoin price is very difficult to predict, the bitcoin price continuously adjusted, causing altcoin prices are very strong. So, I think you should only invest in short-term and day trading to minimize risk. The market is bearish in the long term so you should not hold long.