Quote from: Armani123 on February 10, 2021, 08:18:21 AM

Just a reminder. Take caution to unstable market.

The unstable market is the place to actually make money. But if you are going FOMO then you will lose money and that truth is most people get into FOMO. For example, buying bitcoin now because Elon Musk bought some is being FOMO. But selling now is the wise choice.

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If you see that the crypto market is too volatile to predict, then you should immediately stop trading.

I would like to question how long you have been trading?

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I lost a hefty share of my precious cryptos in the past few days as the market was very irregular and I couldn't give my undivided attention to the market trends constantly. So, if you are like me, unable to commit each and every second, I'd advice you to wait for the market to reach its normalcy. And then, you can start trading.

Seems too much of a workload the way you put in. That is not trading per se, that is analyzing the market without knowing what to do. You dont need to see trends every second - that is needed for day traders and for leverage trading, both of which are doing to increase your mental pressure and should be avoided to keep money safe.

Either way if you think its too much for you, you should stop trading. Still buying low and selling high, holding during the middle is a profitable process if you know how to enter and exit.

PS. Thread should be moved to the proper section.