Yesterday was the 60th day since I started trading. I've been doing it every day without losses (always positive on daily basis). I play safe, but still gain enough money. And it's the same during crashes, stagnations and bullruns.
Can you explain me what's going on? I thought 90% of traders lose money. I haven't even read any book on trading, I do it without knowing basics. Just buying low and selling high, there is nothing more to it really. So how come I'm consistently making money day after day?
60 days of profitable trading
Mid march was the bottom of the dip, and if you look solely at fiat, even hodlers have been in the green the vast majority of days since. Be at it a bit longer before boasting.
Try trading in a bear market
The first half of March was still the bear market. As I said, my approach doesn't depend on the general trend, I don't go out of Tether longer than for 8 hours, usually it's 1-2 hours.
Your a natural talent
Here's the "good job" that you came for
You're going to claim that you're legit confused when in reality you also understand that you couldn't possibly do the same in a less volatile market.
Just luck. I've done that on Forex market before and then two trades royally fucked me hoho.
Ironically, I now find trading in a bear market easier than trading in a bull market. Finding entries by hunting for divergences is very reliable.
People tend to try and trade coins they're emotionally attached to. If you can trade something without the fear of being left behind you will be fine. Fomo is why people are shit at trading.
You can do that in a bull. What's the problem? Go Bitcoin against decent moving alts - increase the whole stack AND enjoy the assets all increasing in dollar value. Just get ready to Tether at the other end of course.
I'm sure a big part of that "90%" is the fact most people are dumb as rocks.
You're just doing what 90% of people don't which is minimizing risk. Doesn't really take a genius.
Anyone who bought in at march is making money you literally bought at a bottom of the most prominent bear market to year. Post again when youre down 30%+ in a bear market and come out on top
>You're going to claim that you're legit confused when in reality you also understand that you couldn't possibly do the same in a less volatile market.
I perfectly understand it. I absolutely love volatility in crypto.
Luck? 60 times in a row? I don't think so.
As I said, I don't rely on the general market trend. It could go to 100k and back to zero, and I would make the same mild amount of money without regret.
Post broofs
>As I said, I don't rely on the general market trend. It could go to 100k and back to zero, and I would make the same mild amount of money without regret.
Cool story bro. Did you know that if you trade options you can actually see your % chance of profit. You can choose to trade only 90% chances for profit, and not make enough money to live on. So basically you’re a crypto wagecuck. Trading every single day and making “mild” amounts of money. Markets are fair in one sense. More risk = more reward. Anyone can take no risk and make shit money. Don’t feel special. 90% of trader fail because they are not satisfied making shit money and take more risk. Some make it, some don’t. It’s that simple.
I'm not bragging about it. I just wonder how you guys manage to lose money. What I gain is enough to cover my needs. If I was greedy, I'd be like everyone else on this board with -50% portfolio.
Well, if you’re happy with a stagnant life of just keeping your needs met then keep up the good work user. Keeping needs met is why people work minimum wage jobs......
Even if you win a big prize somehow, it won't make you happy. There is a conclusive study on the lottery winners, it only shows that easy money screw people's lives hard.
I’m confused. You are the one who made a post about making easy money and how you were satisfied with it. Wondering why everyone didn’t do the same. Some people are not satisfied doing things that are not a challenge and carry no risk. It’s Cool that you dig on stagnation. Some of us prefer to challenge ourselves.
It’s easy to swing trade 300$ and make a profit user even retards can do that. Talk to me when you’re swing trading 6 figures+ and making a profit in a bear market
I wouldn't call it easy money. I put enough effort in it to feel it earned. I was talking about 10x gains due to blind luck.
I still don't understand what challenge you're talking about. You're just gambling in your case.
Any advice? I've been in since late November last year and put a total of 1250 in, hit a ath of 5200. What should I be doing differently?
swap the NEO for some BAT or ZRX