Post
Topic
Board Trading Discussion
Re: The market is confusing
by
LouVandetta
on 25/06/2022, 02:43:22 UTC
The market has always been like this, and I think it will be in the future. It’s just that for some reason everyone wants easy money, but it just doesn’t happen that way.

Quite correct and exactly my own sentiment. Furthermore, anyone veteran who used to be like this and had this kind of quick money mindset will now tell you that the fastest way to lose all your money is chasing quick cash. Slow money gains is where the real profits are at. Thats why hodling is always more profitable and less nerve wracking than trading, especially day trading (which is basically just flip flopping until you burn through your money)
Sometimes, hodling is always the best option if you're too scared to trade especially on a daily basis. There's always a time when you trade, you feel like am I doing it right? Am I too greedy with my profit point and so on. Trading is not a single night job where you could gain massive loads of money and also not a fast way to gain experiences. Everyone wants easy money, but it's not as easy as it sounds. A quck way to lose money? Welp, that one's easy. Once you entered the market, you need to come well prepared for what's to come be it market volatility and news here and there that could make the prices upside down real fast.