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Reminder to all of you to stop daytrading. Time when you want

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Reminder to all of you to stop daytrading. Time when you want to buy your coins, but hold them for a year (unless they're some yobit-tier shitcoin, but you shouldn't buy those anyway)

You'll pay less taxes this way, be less stressed, and can actually enjoy life instead of looking at charts all day.
>>
>he thinks a crash won't happen at any time
Do what OP says if you want to gamble, come back and see all your money down 50%.
>>
>>2399329
Of course it's a gamble. Don't put in more than you're willing to lose, this is common sense

Best case scenario though? You're a millionaire, if not much more.
>>
>>2399264
>and can actually enjoy life instead of looking at charts all day

I don't know what else to do anyways.
>>
>>2399374
Well who the fuck is supposed to be willing to lose any of their money?
You guys say this, but if don't care so much then a better and faster option is to just go to the casino and put it all on red.
>>
>>2399454
The casino is rigged and completely different. Crypto investing is uncharted territory, and more of educated speculation if anything
>>
>>2399264
The high you get from your noname coin mooning is comparable to methamphetamine

I will never stop
>>
>>2399264
>implying I want to enjoy life
lmao
>>
>>2399264
>and can actually enjoy life instead of looking at charts all day.

How?
>>
daytrading with crypto is regular trading on steroids. You're in a volatile market with low competition, low volume, and low arbitage with some coins not even being on other exchanges. You also have market depth for free, low, low fees, and stop orders/leverage if you want them.
There's no reason not to trade. If you're shit at trading don't do it, but this is literally the easiest market to trade in the history of mankind.
>>
My summer job fell thru last minute and daytrading cryptos is all I have to pay my bills and potentially develop some seed money to long-term invest with in a few years. Is it still a bad idea for me to do this? I like the gains I've got with some HODLing but I need to see some daily gainz.
>>
>>2399264
Why I'm making a shit tonne off day trading. Bought Ubiq at 70c, sold at all time high, bought back in when it dipped, just sold again.

It's so easy
>>
>>2399264
This is really good advice that I'm not gonna follow at all. I NEED THE RUSH.
*snorts btc*
>>
>>2401102
How I trade? Im not very good at it
>>
Which marketplace would you recommend for someone trying to get into crypto trading
>>
>>2401587

All I have to say is, if you're buying some coin for a quick 2-3% gain, make sure there's ample desire for the volume you have to sell off.

Learned the hard way when a coin I dropped 1.8k on jumped up 5%, but the asks were for fractions of my total volume. Lost 11% total. Still hurts.
>>
>>2401627

*bids
>>
>>2401627
Yeah I love daytrading high volume low cost coins, but I don't ever invest more than .1btc in any of 'em.
>>
>>2402567
What is the minimum amount of funds you should have in reserve before daytrading a portion of it. Do you go off of a percentage of your holdings?
Thread posts: 19
Thread images: 2


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