Post
Topic
Board Trading Discussion
Re: Newbie Trading Question?
by
Hal9900
on 28/10/2019, 18:15:21 UTC
Wow... I am so surprised with all of your comments. Thank you. I hope I am being clear with my explanation. I am a bartender and the grind of making $200 a day is just getting to me after the last 14 years of my life. Now I have this opportunity to do something with Bitcoin and I'm not doing it because of fear. I did get fairly lucky in that I went all in when Bitcoin was at $3600. But now I'm just hodling. Then came Friday's pump up 35% and I just sat back and watched out of fear instead of being proactive. Then I said, wait a minute, I could've made more than 10 days worth of work in just a matters of hours if I had sold my Bitcoin around the $10,000 mark. You see, I don't want to be the type of trader that tries to guess the market. I just want to have enough courage during those rare times when Bitcoin pumps up quickly to sell high in hopes that it will come down again and make money by rebuying on the low. This extreme pump has only happened twice recently, when Bitcoin pumped up to over $13,000 in September and just Friday pumped again to over $10,000. It's "only" during times like this that I want to take the risk and trade high. I just feel like I'm missing a piece of this puzzle because it seems too easy. Someone tell me that I'm missing something because if were that easy everyone would be doing it.