I think better strategy would be Buy the DIP, sell at local high, open short, HODL and sell at local low. Rinse and repeat. Indefinitely. Yes, it is easier said than done. But for me, it is easier after around 6 months of watch, learn, and execute.
It sounds like you are going to have fun staying poor.
I hope not. But we'll see. I can't claim making millions, but I do see profit with my strategy.
Fuck your strategy. It is off-topic. Don't you even realize that?
Maybe what I was trying to do was provide a cursory response to your post in order that I should not have to state the obvious, which is we are not talking about trading in this thread.. .. do you see anything about selling in the OP or in the title?
going through his post, t's no strange the dude has been into trading before joining the forum and probably isn't looking at Bitcoin from an investment point of view but rather as one of those quick schemes he can lay hands on to get quick profit and I guess that's where issue of holding Bitcoin for long term as opposed to his idea of taking profit goes to show the clear disparity.
I have good knowledge with crypto future
I get signals from groups on telegram
But i got idea to make profit daily
I choose some coins potential raise and open long positions on them and hold
For day until i get profit.. Is this good idea or let me know if there better idea
Look back, I saw myself doing almost the same thing.
I lost some, I quit and then re-think crypto potential then find BTC as my last best choice.
About trading strategy, I no longer trust signal or even charting.
Just orderflow and footprint chart.