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RE: How should I trade my Bitcoin (BTC) right now? October 2nd update. + Free setups!
It looks like there's going to be huge volatility soon. Wouldn't surprise me if there's moves that take out stop losses in either direction. This chart formation is so obvious, it doesn't take a genius to work out what people will do when it breaks. I'll just hodl the small amount of Bitcoin I have and maybe add some more if it breaks downwards. I tried short term trading and didn't enjoy it, too stressful for me.
I agree with you 100%. I do not recommend day trading to all beginner to intermediate traders.
Your strategy is definitely less risk!