Quote from: Pamadar on August 24, 2021, 11:25:25 AM

Having that kind of system gives you good opportunities in adjusting your strategy.

Working system is very important as it will give you an edge over those other traders who don't have any. Traders that have capabilities to assess and understand the potential of those assets that they are using for their trading have a better chance to earn decently. It's a good practice to give some time with your strategy as crypto trading is too volatile. Rushing each decision can cause you to lose more.

I do believe that there is a good chance people could end up with that kind of strategy after a while. I do believe that we should not be focusing on the profits that people are making right now but focus on the profit you could make in the future. Like for example I bought at 100, and it drops to 90, instead of selling and losing I just put that aside and that is called "bag" and I will hold that bag as long as I have to, eventually it will become 100+ and I will be in profit.

I have done this for a very long time, in fact I turned into a holder in the longer from all the bags I held once upon a time, now they are still in profit but I do not sell them because I like the fact that holding them makes me profit. I still do trading a little, but whenever there is a "loss" as in a price drop, I just turn that into a long term holding instead of trading and I still win.