Post
Topic
Board Trading Discussion
Re: Im in cryptocurrency 6 months only but i will not risk like other newbies
by
Silberman
on 18/06/2024, 21:24:45 UTC
I keep it Simple i trade only well known main coins btc eth and other main altcoins.
Today i discovered solana was lower so i just bought it i keep it until i see my balance getting bigger then i sell it.

If it's falling i'll buy some more one coin at the time Im not here to grow my coins amount but Im here to see my USDT balance getting bigger Smiley
I was looking into futures leverage trading and meme coins its too risky for me and it takes a lot time and nervous wich i don't have i'll keep it Simple just.
I don't want to touch low caps neither Because of delisting and sometimes not enough liquity.
Im not greedy i'll take my time i don't need that extra stress here to trade.

What you guys think about this ? I mean Im new so i might be wrong
You are taking your time which is the right thing to do, however the most difficult part is to stick to that strategy for the long term, as I am sure there are many newbies which may want to implement such a conservative strategy, but when they realize how long it will take for them to reach their goals, they get desperate and decide to take their chances by investing in shitcoins, and that is when they incur massive losses from which they cannot realistically recover.