>try to daytrade
>End up holding for 24+ hrs
>Lose 3% of value
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.
>>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.
>>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?
>>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
>>3145951
nah that's not it
>>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.