You are viewing a single comment's thread from:

RE: Some of the best trading advice I've found

in #cryptocurrency7 years ago

believe me that the early investors of bitcoin and ethereum or had made way way more profit than the traders who basically keep on eye on each others the whole time with use of a chart.. Well trading is a thing to profit both ways depending on how the world feels.. if the world sleeps bad then you have a downtrend that day.. but if yo have a goal to grow your money on time, the shares can go down and up and down and up.. real investors can handle this because they believe on longer term, the price wil increase because the business is good.. trader don't look longterm... if a turd may have value and gets trader up for a couple of weeks. lots of people follow untill everybody knows its a turd and its worth nothing.. then it goes down. Promoting trading is better then investing is not really advice but more of a salepitch aswell.. I believe trading is profitable for some but facts are 80% will lose money at the end.. while investing is more comfortable since investors don't have the ADHD action trades when the market goes not their way and so they probably will sell below the price earlier and more often than investors. This is the reason why many traders fail. to the ones without a daily job or just have a lot of free time it can be profitable but the gross of the people has no time to trade and to keep an eye on the world

Coin Marketplace

STEEM 0.21
TRX 0.26
JST 0.040
BTC 96627.81
ETH 3416.66
USDT 1.00
SBD 3.09