I started to buy cryptocurrencies by 3 months, im a hodler as i think im not good at trading due the fact im self-learning and theres a lot things to know and not that much time.
But this not work.
Or better, maybe in the long term will be profitable but the thing i learned in this time is:
I've lost the potential to do MORE gain.
So, supposing I'm a bad trader, supposing that holding in long term will be profitable, what I'm supposed to do? Just sit on my chair and look?
I miss something, and i'm not sure that i can start to study AT, bollinger, every single coin and project, etc will be the only thing that i can do, also because shit happen, no bollinger can predict governemets, wars, Kim Jong, scammers, bitconnect and everithing else.
So i can start to study AT to help me understand better ho to look at a graphic, but will be very very long. i need to work, I've a family, time is not that much.
So I tryed to figure out what i should have done in those months to gain more and i saw that the thing i miss before everything is Rules.
I'm playng this game with no rules and is a bad bad move.
I did potentially "big" (for me, I mean) gain with some coins that i bought in october like example x25 on stellar. Now im at x6
I'm in gain 6 time now, yes, clap clap, but if I had rules i would have made more and more profit.
Supposing stellar go back at the ath, i still x25.
But if when was at x25 and start dumping i'd sold half of my stellar at -15% from the ath and bougth again only when the price start to rise again or now for example and in a couple of month or year stellar pump to ath I will be in gain 40 times or so (for shure i missed something in this equation but is only an example)
Am I just stupid or this thing that rules will work?
Any advices?
Sorry for my bad english, self learned too.
I think the problem for you is all about the timing, wrong timing will lead you to a bad result even how smart you are, how stragetic you created, all those things will be useless if you're in the wrong moment.