Post
Topic
Board Trading Discussion
Re: Did i make or lose money on this trade?
by
TheUltraElite
on 22/09/2019, 06:18:53 UTC
In reality mate, making profit is hard nowadays specially when price fluctuates badly at trading sites. The best thing to incorporate with our mindsettings was to choose long term holdings instead of trading most often times. On that ways, you can cope up any losses in case you can't manage a good trades.
A 2-3% trading flux per day is not profitable if you are a smallcap or midcap trader. But the whales can make some good profit from it since their capital is high. The OP does understand that long term holding is good for bitcoin but not altcoins. Whether one can make money from altcoins is their personal choice, but if you wish to have a healthy day to day experience then long term bitcoin holding is better.

I think you broke-even since 0.045 btc is merely a speck of dust.  Roll Eyes
Wont say that with belief. A few years back people used to tip  out 1-10 BTC tips as casual tipping on bitcoin casinos. Nowadays a 10k satoshi tip is all that is average. You never know what price it might touch.