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>try to daytrade >End up holding for 24+ hrs >Lose

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Thread replies: 18
Thread images: 5

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>try to daytrade
>End up holding for 24+ hrs
>Lose 3% of value
>>
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I lost a thousand bucks over the last two days due to the enormous FUD surrounding BTC/BCH. I've managed to claw back half of it in the last 4 hours. Suck it up, cupcake.
>>
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>>3145309
I zoom out on the 4 hr charts and they look good so I don't want to take just 5% when 30% is possible. Now I'm sitting here with my capital tied up waiting for a shitcoin to moon.
>>
>>3145150
Daytrading is valid for the stock market, but a meme in crypto. What you want to do in crypto is SWING trade.

Make your trades over the course of a few days to a week due to how volatile they can be. Stocks, you're always pretty certain one isn't about to moon and never touch the level it was at again. It's why a "good" return is 10% a year.

You will almost always get more money in crypto by holding longer periods.
>>
>>3145150
That's what happens when you have no formal education in finance, business or economics.
>>
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>>3145951
Shut the fuck up ass sniffer.


Chingchong coins like neo with no working products have mooned.


Exchange coins with the sole purpose of being cash at a single exchange have mooned.

Crypto has nothing but luck, memes, and fomo.

Asslord
>>
I'm using coinbase, which I hate for various reasons but its easy as fuck with direct debit card etc......takes 6 days for me to receive my coin after I buy it.

How do you guys day trade/ do anything quickly? Is it just coinbase that takes this long?
>>
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>>3146026
Are you seriously this new?


Make a bittrex grandpa.
>>
>>3145309
>succumbing to fud

Why would you suck that up, cupcake?
>>
>>3146026

I receive my coins instantly from coinbase
>>
>>3146026
Use gdax and deposits instead of trying to go easy as fuck, you are paying ridiculous fees for easy as fuck
>>
What zero sum games do to people. Top kek.
>>
>>3146026
Coinbase is immediate if you use a credit card or even a rechargeable card
>>
>>3146093
Only have a $150 limit though.

>>3146068
>>3146046
cheers, will look into both
>>
>>3145951
nah that's not it
>>
>>3146026
>>3146046
don't move from coinbase directly to bittrex though
>>
>>3145150
the only winning move is not to play
>>
>>3145150
At least you're not doing insanely good, but because you're poor, it doesn't really matter all of that much. I'd say my position is much worse.
Thread posts: 18
Thread images: 5


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