I tried future trading and profit is not bad but loses either. I tried to keep my discipline for the long term benefits of my self rather than acting impulsive for the short term.
Ive been in the space for almost 3 years now and loose significant assets, i keep learning the basic fundamentals while keeping my discipline intact.
Ive been holding spot since eth is around 600-800usd last bear market, bad thing is i got small capital to invest in spot.
Thats why, instead of investing in nft’s and nft games or trading futures that might ending up loosing big time, i hodl multiple alts in spot.
And most of the alts ive been holding is performing quite well, my loses are turning into profits now. My roller coaster ride in crypto investing is almost over but you cant deny that most of us get anxious or overwhelmed if the market is crashing and your ports are down.
Its truly remarkable that dca strategy works well for me, the very basic fundamentals and basic knowledge that teach me and helps me.
I hope every loses that happens to everyone turns to profit when the bull market peak reach.
Everyone hold on tight a better days are coming and keep hodling! The weak hands will not remain when the gift of trusting and learning the process to wait arrives.
Is it the trend of my port folio predicting the market or the market predicting may port folio?
The market get back the profit i have last week because i ddnt react of my gut feeling to be greedy, its clearly aroud 500-700usd unreliazed profit if i sold my coins.
I know for some of us that have lack of capital to gain something like 500 usd is big enough, but the end goal here is to hodl before the bull run dries out and when everyone is greedy i’lbe fearfully selling it all.
Im still a noob when it comes to the market since this is only my first 3 years in the space, so let alone studying and learning the fundamentals and experiencing the roller coaster of every market phase is inevitable.
The best strategy for me is dca, not just for the capital but for the knoledge too. You can add more knowledge and create your own syatem of trading once i have completed this 4th cycle, maybe I’ll be confident by then to enter again in future trading by shorting the market.
Just focus now on the right phase of selling of may hodl and cashing out half of the profit and reinvesting it on the bear market by analyzing again what coins or tokens to invest with and playing with high probability of chance on winning for trading futures.
Just keep on investing on knowledge first and do your own dilligence. Keep improving yourself and staying healthy for a better life with your love ones..
When someone introduce me the axie/slp nft game i didnt actually believe that you can earn real money by investing and by playing the game.
Then one day out of curiosity Ive googled it, about crypto and how to create your own crypto wallet, then thats it ibe manage to put some cash then later on ive spent a lot of time buying coins and buy and selling crypto.
It was a game changer that you can earn a lot in an instant, my biggest profit last 2021 in 9 seconds is around 200 usd by buying random nft box from a game and selling it.
Just like that i got hooked, then one day my wallet got hacked by phising or dusting not sure about that at the time since im noob.
I was devastated and sad at the same time ive lve lost my hard earned money and my wifes money that i put in crypto, then i came back and borrowed money from my wife again at the same time just sold most of my machine that i used to invest on my garage to cope up in my loses.
Then i invested mostly in nfts and games, then most of the games ive lost so much money again. Im so overwhelmed that i did not study the market cycle and the scam of the crypto space.
Next post for my not so life changing experience in crypto space.
Most of layer 2 and 3 and alts got sell off while the distribution of money is starting to flow on meme. #pepe#bonk rise significantly,
Im heavily relying only on what i see and watch and fundametal news.
I think btc dominance still high to ignite altcoin season, but im thinking that more or less that altcoin season will commence with a parabolic move.
Im not holding btc which is not practical for my capital and yield after the bull run, thats why im holding alts and hoping to go parabolic 1 or 2 of my hodling to get a significant reward.
The risk to reward ratio by hodling alt coin is very risky, im willing to loose last bear season but im now more confident that most of the alts i am holding is performing.
Sometime you just have to trust the process and let it go,and do your dilligence and invest only what you can afford to loose.
Most of the traders from futures and spot are selling thats why a pullback occurs, and btc dominance is up.
Most of the altcoin hodlers sell and put it into btc, thats why most of the coins are down about 10-15%, im still holding my alts and waiting for the right timing to sell which i prefer in december. Hopefully we get a decent profit and reinvest when there is a retracement.
Trump effect all the way? No additional bad news for the market and hoping that we have a very good november and december pump so we can relax till the bull market ends..
Btc @81k usd per coin! Alt coin season is around the corner.
Before trump won the election the market pump, it goes to shows that sometimes pump or dump can predict something certain will happen. #trumpwon #arkmmooningwhen
why bother predicting the market? let the market do its job! just protect your capital, greed is just as fear take advantage of it! #Keepsharingiscaring 🙃