Quote from: justdimin on July 08, 2022, 09:33:43 AM

Quote from: pawanjain on July 07, 2022, 04:10:29 PM

Quote from: Oshosondy on June 25, 2022, 05:35:50 PM

Let us assume you invested $190 when bitcoin price was at $19000. The price of bitcoin presently is $21000. The asset worth from $19000 to $21000 is $210. The profit gained is $20. The percentage gained is still approximately 9.5%.

To buy at low price and sell at high price is good, but holding longer for months or like 2 or more years may earn more profit after bear market, instead of swing trading after long time of having your asset in fiat or stable coin.

Yeah right. It only takes one wrong trade and that takes away most of the profit that we could make just by holding the coin.
We think its the right time to sell but then the next week the prices are so high that we miss the boat.
Trading is not for everyone at least not for me. Investing and holding on to it on the other side is so calm and gets you mass profits.

This has happened to me a lot of times before. I have traded or held a lot of coins back in my day and still doing it, but when I started trading some of that, I have lost so much time to time, earned a lot as well I can't lie, so it's fine but those times when I lost, took a lot of the profit part of it back. Yes, I believe that it is very important for people to realize how important your profits are and how quickly they could go away.

Just focus on making as much money as you could, or just give up, because you can't really find anything else that would be as troublesome as the feeling of a loss for futile attempt. Just useless loss you could have avoided.

That part hit me hard. I just remember how 10 months back most of us had a big portfolio and how holding on to it made it comparatively so less now.
But again, things could have gone the other way around and so I am not complaining holding on to my coins because there's no loss until we sell at a loss.
May be this time we buy more at these prices and accumulate more so that holding on to it till the new ATH we get a lot more profits than we could.