You would think after almost three years of being involved in the cryptocurrency sphere, that I would know how to trade. But I still am quite clueless. .... Any recommendations?
Hey bones, what turned it around for me was one simple rule
DO...NOT...EXECUTE...LOSING...TRADES
You find yourself on the wrong side in a move? tough shit, just wait, it may take a while, but usually it will swing back in your favor, if not, tough shit, you lost, deal with it.
If you let your fear to control you and allow yourself to make losing trades you will be forever chasing it, and giving up a small percentage to the whales every goddamn time.
I only make winning trades, so I always have either extra BTC or extra fiat. Obviously, we all feel better when we have extra BTC than the other way around, but the point is to always be up in SOMETHING, never down.
I sold a little too early this morning so I am currently waiting on the wrong side. If we get another dump I will get back into extra BTC, if we never do I will just sit here and cry over my pile of extra fiat, #Bitcoinproblems
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