My mum was very concerned when I mentioned that Bitcoin had dropped in value this year. She then checked her wallet and discovered she was >6x her early 2017 investment... which she thought was 'wonderful'
HODL like my mum
Although each trader is unique try and find trading buddies that trade in a similar fashion for support. Part time, full time, long term, short term, buy the dip or buy the breakout - all can work.
I'm literally the only person on Twitter who's saying #bitcoin is moving slower through the 2018 bear market than the 2014 bear market.
But I nailed the exact date we would hit sub 6k.
🐸☕
Many new traders go for the high risk high return trades thinking they can grow their account quickly then play it safe. The exact opposite of what they should do.
#Cryptocurrency is an encrypted, decentralized digital currency transferred between peers and confirmed in a public ledger via a process known as mining. What could be better? You can trade, you can hold for a long term, or receive money from all over the world almost immediately
"Your community has toxic people"
"No, your community has toxic people"
Reality is that every community of sufficient size *will* have toxic people.
Best practice: Don't let a few affect view of the whole.
The world of #cryptocurrency trading is by turns exciting, exhilarating, and terrifying. You don't want to end your #crypto trading career before you've even gotten started, so ensure that you take conservative risks until you've garnered some more experience.
If you don’t have a job or a good source of #income and you rely solely on #crypto#trading for income, you will lose #money and will be a bad #trader. Trade smart and make extra cash. Don't make #trading your everyday job.
A job is what you do to add value that you are paid for. If you are buying and selling without doing anything to what you bought between the time you bought and sold, then that is not a job. It’s just a nice, smart skill.