WHY DAY TRADING IS A FOOLISH IDEA.🤦🏻♂️
If you plan to time the market this cycle you are
Playing with 🔥. I believe this cycle will be different for bitcoin. Institutional adoption is coming and who knows what that will do to the price of BTC. Those who plan to sell the “top” , only to buy back lower after it drops are risking way too much. You may get lucky, but remember that the best returns come from those who hold. Don’t sell the best asset of all time only to be the guy who regrets it later.
Personally, i have holded my btc bag since 2017 and never moved even a single satoshi since then and despite btc price dropping 40-70% down along the way, i have made the best desicion not to sell any of it! Instead i did what most dont realise! I bought more satoshis every single btc dump. That way i never gambled with my BTC! I have had alot of time to accumulate the dips the past years. And indeed i hold alcoins as well, but my crypto bag splits into 90% btc and 10% low cap altcoins such as DGI coin and others. Why so little in altcoins you ask? Well for the simple fact that altcoins are much much more risky than BTC and the upside for low cap altcoins to make insane gains are very high. And the main reason why i by low cap altcoins is to accumulate more BTC through them.
Diclamer alert! Not a financial advice! Always do your own reaserch when investing, purpose of this content is educational only.
