Post
Topic
Board Trading Discussion
Re: AsidesTrading, What Are Less Risky Methods of making money in crypto(?
by
Issa56
on 13/09/2024, 21:19:35 UTC

Hi everyone, good day. I noticed BTC is seeing some good price action today, though I’m not sure how sustainable it will be—let’s hope for the best. I’m not really into futures trading as I don’t have the patience for it. I stick to spot trading and airdrop farming.
If you are not a professional trader yet, then it’s just better you stay away from future trading, just stick to spot trading, and airdrop mining. Currently,  there are still some telegram mining bots, which I will encourage you to participate in. Don’t just think about future trading, because if you are not careful, you might end up losing everything you have, so the best thing is just to avoid it. You can just stick to spot trading, and you're going to be making money from it and also airdrops.

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.
When you trade, you are supposed to be patient sometimes, you don’t just expect coins to start pumping immediately you purchase them, so sometimes it’s going to take time before they start rising, so all you should do at that moment is just to hold, and when the price bounces back and you are in profit, you can sell.