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Dan Altman
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Why I'm Against Futures or Buying and Selling Every Day for Short-Term Gains! A few years ago, I conducted an experiment with my brother. Both of us are into crypto, and we used to argue a lot about long-term vs. short-term strategies. The experiment went like this: he was trading every day, including futures and spot trading, and following big names on YouTube, "learning and studying" charts, etc. On the other hand, I was comfortably sitting in the spot without making any movements. I staked all my funds and didn't take any action with them. This went on for two years straight for both of us. Fast forward to when we started drawing conclusions from our experiment. We discovered some interesting hidden truths: 1. Trading daily or constantly moving your funds around is a waste of time and money. 2. Because he kept moving his funds from one coin to another, he missed out on significant pump opportunities, while I gained the most from them. 3. Over the two years, he suffered mentally and emotionally, relying too much on himself. It got to the point where he couldn't sleep at night due to stress. 4. He once told me, "Charts are the results of actions that have already been taken. You can't predict or analyze anything. The actions happen in different rooms; people buy and sell, and you see it on the charts after a minute or two. There's a delay." 5. We both agree that sitting in the spot, paying less attention to constant trading and studying, is much more rewarding. Just invest and forget about it! From this experiment, we both learned a lot. We understood what we needed to do. Now, my brother acts the same way as me. He sits comfortably in the spot and deposits weekly, focusing on buying and holding for the long term. Long term vs. short term. You decide! Shalom.

Why I'm Against Futures or Buying and Selling Every Day for Short-Term Gains!

A few years ago, I conducted an experiment with my brother. Both of us are into crypto, and we used to argue a lot about long-term vs. short-term strategies.

The experiment went like this: he was trading every day, including futures and spot trading, and following big names on YouTube, "learning and studying" charts, etc. On the other hand, I was comfortably sitting in the spot without making any movements. I staked all my funds and didn't take any action with them.

This went on for two years straight for both of us. Fast forward to when we started drawing conclusions from our experiment. We discovered some interesting hidden truths:

1. Trading daily or constantly moving your funds around is a waste of time and money.

2. Because he kept moving his funds from one coin to another, he missed out on significant pump opportunities, while I gained the most from them.

3. Over the two years, he suffered mentally and emotionally, relying too much on himself. It got to the point where he couldn't sleep at night due to stress.

4. He once told me, "Charts are the results of actions that have already been taken. You can't predict or analyze anything. The actions happen in different rooms; people buy and sell, and you see it on the charts after a minute or two. There's a delay."

5. We both agree that sitting in the spot, paying less attention to constant trading and studying, is much more rewarding. Just invest and forget about it!

From this experiment, we both learned a lot. We understood what we needed to do. Now, my brother acts the same way as me. He sits comfortably in the spot and deposits weekly, focusing on buying and holding for the long term.

Long term vs. short term. You decide!

Shalom.

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People who know how to make money will always make money, no matter how or where from. Simple! Read till the end! They know how to take money from you! They know you aren't stable. While you don't have such money, you're still buying expensive things just to impress people you don't like, with money you don't have. People outside dress well just for other people, but their bank accounts look like 🗑! They are so afraid that you might even think they're broke. Everything is fake! Broke people will tell you, 'fake it till you make it,' but by acting this way, you're missing true opportunities! Why? Because you're pretending to be someone you're not! Most of y'all don't know crypto or are just holding a few dollars, but your actions and behavior say something else. I had a similar experience with a stranger that day! He was such a j3rk and so proud that he's been into crypto for a few years. He talked so much about it, but when it came to 'show me,' the results were awful. Yet, he acted like he had at least half a million! What a stupid kid. From there, I understood there are so many like him, living in their imaginations of 'One Day, I will make it.' Why wonder if you can start now? Instead of learning charts and these stupid things, learn economics. Learn how money works and flows. Learn what happened in 2008 and back until 3 BC, what led to it. Learn how reserve banks work. Learn why they print money. Learn about inflation. Learn cause and effect. Choose one book on economics and ecosystems, and read it. Once you've done that, move on to the next one, then the third one, and so on. After a few years, you will be amazed at how much knowledge you have about finances and economics. Our brains are like sponges, get used to reading books! If you're young, it's amazing. Start little by little. Personally, I read a book per week, which is around 50 books a year! What about you? Shalom.
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Beginners! Sitting at home and earning a few dollars online each day will lead you to a dead end! In my free time, I provide online finance education to my clients, sometimes to friends, relatives, or their cousins, for free. I simply enjoy helping people, and I particularly love economics. Today, I had a very interesting client who told me he's into crypto and has found a way to earn a few dollars a day, around $2 - $3. Initially, I was happy for him, but when he mentioned it takes him around 6 hours a day, I felt frustrated and disappointed. I explained to him politely that he's focusing too much on earning dollars rather than considering the time and effort required. It's simply not worth it! You can't buy back your time, so why waste it for a few dollars online when you could earn more with a 9 to 5 job and invest the rewards in your crypto account? I understand the skepticism some people have towards 9 to 5 jobs, but they are crucial, especially in the beginning. You need to build your fundamentals, and if your job involves physical work, it's even better for you. We are meant to move and engage in physical activities. Don't forget about the social aspect too; you meet new opportunities and people daily. Please don't harbor negative feelings towards 9 to 5 jobs. They mark the beginning of a new era. Many people are misled into thinking that 9 to 5 jobs are bad or that they're selling their dreams for a monthly salary, but that's not true. You're laying the foundation for your future. Our parents worked 9 to 5 jobs without complaint. Personally, I've worked 9 to 5 jobs for a few years just to build myself up. I met great people who are still in my life today. Yes, I sweated, complained every morning, and hated the job, but I stuck to my plan because I knew success was on its way! Shalom.
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