Post
Topic
Board Trading Discussion
Re: What is your trading strategy?
by
OcTradism
on 26/11/2024, 02:42:33 UTC
Yeah trading is quite time consuming I feel like I wanted to do investing or doing dca more than to monitor my chart 24/7 just to make some gains. Doing a relief trade that produces gains and profits after 1 week 1month or few months will still be considered gains. So it depends on one strat on how he can earn from trading. The one I hate is the day trade approach.
I think many people started with investment, then changed to trading, but with time and experience in this market, they will return to investment. Less time consuming, better ROI, less pressure and it's more easily to get profit through investment in Bitcoin.

With Bitcoin investment, it's not wrong to say "If you can hold your bitcoin, you can be rich".

You don't have to lose money to master the skills, we have demo accounts that can be used for practicing and until you have mastered the strategy, you don't have to go live. We don't have to depend on only one type of trading but starting from spot trading is the best advice.
You don't have to lose money for learning with free resources and experiencing trading with demo account but trading with demo account is not the same with your actual account and your pocket money. When you are trading with your pocket money, you will be affected by many things, your greed, fear and emotion can be changed wildly with market price, temporary loss and profit of your portfolio. These things can affect your decisions and you can make worse trading decisions with pocket money than with a demo account.