Hello guys,
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
I'd say you really have talent on trading and you even find it easy when others struggling on their trades. Anyway, 1-2% profit is good and you even managed to get profit in every single day, that is a good start. It seems you are on a good track and I hope you can maintain it. But bear in mind just stick to your strategies or plan and avoid being greedy.I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
Trading is more efficient than holding, the more you trade, the more profit, that's mathematical view I see applicable now.
It still depends on your performance though because let's say you were trading a lot but it is not certain you will always win, there will be a time you will lose, and that will be deducted from your total profit. Trading was also more exposed to the risk. While HOLD will sure take a lot of time for you to get a decent amount of profit but it will be at low risk. So if we will analyze, aren't they will yield the same outcome. Yes, it would not have the same amount of profit but the gap wouldn't be that far.