Re: Worst year of trading for me damn

Bull markets can be very deceiving, if you invest when the market is about to skyrocket you may think that you are a genius and that is because you do not have to do anything to earn a huge amount of money, and the worst part is that you may believe it and think that you are some kind of genius when you are not and then when the market goes down you believe that you can still make money in it only to lose everything.

People are finally realizing that traditional technical analysis does not work. They all thought they were geniuses when they bought almost any coin last year, and made easy peasy 10x or 100x,,, and guys like me, I even just bought a few coins and flipped them twice even three times for x2 profits, I thought I was a genius.

Then this year, I used those profits to buy at what was supposed to be bargains. I bought again two even 3 more times as prices got lower. So now, I end up with many cheap coins that got even cheaper.

End result: total dollar value now is not even break even, but below initial dollar investment. But for me this is OK. 30% losses or so from start bankroll in super bear market is GOOD. Now if only things can recover by 2020 I will be fine.

There are more people here who loss more than you do. 30% is better compared to my losses which is more than 70% as of my rough estimate. See you on 2020, I will still be here and there should be a significant changes in the market.

that's right, almost everyone who is involved in cryptocurrency experienced the same thing because this year the decline was very large so it is certain to suffer losses if we sell our assets now, the choice is to keep holding to wait for the cryptocurrency back to good for cut losses and even take a profit.

But holding alone will do nothing. Sometimes, it's better to gamble more than just play safe. I suggest if you are holding a certain coin, at most half of it, you use for day trading. Just let the other half for holding. You may know this because you're older than me, but just in you miss it.

Trying to trade for the half amount will be good, but it's only if you have potential coins that could up and down in many times so you can buy at the lower price and sell at the higher price. Some coins have this movement in daily, but we need to analyze with carefully because sometimes we need to wait for longer than usual. As long as you can choose the right coins, you can try to increase your profit plus your coin balance.