Post
Topic
Board Trading Discussion
Re: Holding BTC vs Day trading or short term trading.
by
weeks65
on 09/08/2018, 22:05:33 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
I think that at this time you should only invest in short-term and trading day to make profit with the least risk, you can see that bitcoin prices are constantly fluctuating in recent days, the market is In the long run, it is very difficult to trade successfully. So if you keep or invest long term the risk will be very high if the bitcoin price drops sharply.