Post
Topic
Board Trading Discussion
Re: What Type/Kind of Trading Style is the Best and why
by
CryptopreneurBrainboss
on 01/01/2021, 08:45:03 UTC
Which of these trading methods/style is the best (that you use), and you can recommend and why.

I won't recommend day trading as a strategy any newbie should used. Day trying is one of the most stressful training technique. Although if done rightly it can bring you profits but there's more you'll lose compared to the profits you earned. One of those could be your sight and some blood related disease like high blood pressure due to constantly been under pressure from the movement of the market.

Trading shouldn't be the first investment strategy for a beginning imo, you should start with holding and when the profits have come you can then shift to other earning aspect in the industry trading. A
And the funds used for the trading should be the profit you have gaines from holding Bitcoin.

For example the holders vs traders of 2020 if some finding are done, it'll come out that the holders were more profitable than the traders. The market was so volatile this year that many traders would had been burnt with the numerous flash crash and market corrections that happened this year.