Why I'm against Futures, Or Buying and Selling Everyday For Short Term Gains!
Few Years Ago, I have done an Experiment with my Brother!
Me and my Brother, We both into Crypto!
We Used to Argue ALOT About,
Long Term VS Short Term!
The Experiment was This!
He was Trading everyday, Futures, Spot.
Following Big Names on YouTube, He was "Learning and Studying" Charts etc ...
Me on The Other Hand, I was comfortably sitting in the Spot. without Movement, And For me, not to be able take any Action with my Funds, I staked it All.
Everything was like dat for 2 Years! Straight up! both of us.
Fast Forward ...
When we had started to drop conclusions, on our Experiment!
We have Discovered The interesting Hidden Truth!
1. Trading Daily or Moving ur Funds from place to place are waste of TIME, n MONEY Itself.
2. Because He was moving his Funds from coin to coin, he lost huge pumps opportunities, While I gained the most of it.
3. 2 Years Straight up, He was Damaged Mentally and Emotionally, Relaying on himself to much,
to a degree He Couldn't Sleep at nights, Because of the Stress.
4. He the one who told me "Charts are results of actions that r already being taken" You can't Predict or Analyzing Anything" "The actions are made in different rooms, People buying, Selling, And You see it on the Charts After A Minute Or Two, There's a "Delay".
5. We Both Agree, Sitting In Spot, paying less Attention to it, it's much rewarding! Without "Studying"
without Stress, Just Invest and Forget!
From that Experiment! We Both Learnt Alot!.
We Understood, What We need to!