Post
Topic
Board Speculation (Altcoins)
Re: Are the bulls back?
by
Russlenat
on 21/08/2021, 20:40:20 UTC
I doubt it that you won't affect you when a crash happens.

You're relying on the market, you've got holdings while you trade and if that happens, you'll be mostly affected by it and that's why everyone is affected during bear market.

Although the good thing with day traders, they can cope up with their daily trades but not with what they hold unless they DCA.

We have our own way of managing our funds though, as for me, I'm pretty much aware already of the market volatility, the pump and dump are not new to me, so I don't panic anymore. I just do trading like a game and I'm confident that even how big the dump is, the market will eventually bounce back, and it's the best timing to sell if you trusted your instinct by accumulating during the dip.
That's good for you.

But not everyone is like you that you can manage your own funds and aware of the market's volatility. There are some that are too confident but aren't prepared for the worse to come.

They need to learn though, not everyone can be profitable in investing and trading, otherwise that is not realistic any more. It's just like gambling and we are gambling against each other, some people have to lose because the other wins due to their correct prediction. It's a guessing game, you guess it right, you make money, but the one that makes consistent money are the exchanges because they always enjoy trading fees the moment we trade.