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Author Topic: Am I the only one this unlucky during my entry into investments and crypto?  (Read 1448 times)
ggameon
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January 29, 2018, 12:45:31 PM
 #121

Let's be honest. It really i a bit of gambling. skills help, just like in gambling, but you need some luck too.

I came in chose my coins and holded them, despite the crashes. recently like many my assets have halved. For now i see no problem. Too many people will come in and raise the prices again.

Nevertheless shortterm trading works too, but has more risk and historically its gains are likely less than holding a good coin. But that could change in the future. This is a market which is changing rapidly.
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Barbarian
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February 02, 2018, 02:12:54 AM
 #122

I think you need to go back to basic and learn again the trading analysis before start trade again, everyone ever make a mistake in trading, and this could the lesson for you to learn more, stop stressing yourself with daytrade and don't buy the coin because it's cheap, buy it because it has potential
Yeah no one is that unlucky, someone trading with no knowledge will probably do a better job, it seems he has the principles backwards and that is why he always invest at the wrong time and when that happens that should be an alarm that he is not doing things right and it is time to study trading from the beginning once again.
littleDarper
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February 02, 2018, 02:15:55 AM
 #123

Nope you're not friend. I first got into BTC when it was 4000 and when it hit 6k I thought it was unnreal so sold it at what I thought was 'the peak'. Saw it then boom up to 10k, so FOMOd in and bought it there. Have been hodling it since even after it reaches 19k, and now its back down to 8k at the time of writing so I'm technically down again.

You're damned if you HODL, damned if you don't. If I hodled at 4000, and sold at 19,000, I'd have done well. But of course I didn't. I think your story is a common one amongst many of us traders in crypto that try to time the highs and lows. Better to just stick to the long term vision.

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