Quote from: Lakai01 on Today at 03:11:35 AM

Quote from: Distinctin on May 18, 2021, 10:32:27 PM

-snip-
Since I was having a good time doing this and see also that I was profiting, I haven't to think of another strategy to earn more, I was contented enough.

If this strategy works for you that is of course very good, I fell on my face a lot with it in the last bull run (2017 - 2018). When I then also became aware of what I now still have to pay in taxes for my trades was then again a shock for me ... Roll Eyes

Since then, I have completely withdrawn at least from day trading, I have unfortunately absolutely no talent for it - and certainly not the time and nerves. My strategy is therefore: hodl & stake, which of course works very well in a bull run. The biggest problem is now finding the exit point at the end of this bull market.

no one knows when the bullrun will end, but at least if we are already focused on long-term investment, of course, price fluctuations will be unattractive, in contrast to trading, where we concentrate fully on getting a little profit every transaction hoping to profit consistently