As I write I will include quotations from my part one idea.
For those that don't have an investment plan I recommend you do this
(1) Buy a ledger, put your favourite cryptocurrency on it
(2) Wait
(3) Pass on to your loved ones
In doing this replacing 'margin trading' "As I believe this is a huge growth industry, currently I use a Ledger, which are readily available and a great way to store your currency."
Sadly i am convinced that there is no 'fast way' to make money. 90% of Trades are likely to fail and will fail, and favoring the more stable 'growth over time' method is a lot more logical.
From my own perspective I have tried margin trading and I have won and lost, but overall lost, its non-profitable. (I don't know about all y'all but either you're a king walking earth or lying). Let me know if you think you're a king.
Replacing this popular margin trading with the ledger in turn won't have you checking your phone every two minutes, checking prices.. And is incredibly less psychologically straining. I 'put the most emphasis on this' as you have possibly noticed the psychological strain yourself.
Currently i (and you should) simply 'ride the ups and downs' of the market with joy, knowing that the long-term uptrend is still intact. Which is very satisfying.
'For reference currently I plan on holding my cryptocurrency for 20+ years' That is the current plan, however i may put it in my Will.
Many of these coins are very young and have much growth to experience.
Good luck and stay safe friends
My first idea if anyone would like to see it, a repost really but i thought now i have a larger following I would let more people know
Cheers,
Bixley
For those that don't have an investment plan I recommend you do this
(1) Buy a ledger, put your favourite cryptocurrency on it
(2) Wait
(3) Pass on to your loved ones
In doing this replacing 'margin trading' "As I believe this is a huge growth industry, currently I use a Ledger, which are readily available and a great way to store your currency."
Sadly i am convinced that there is no 'fast way' to make money. 90% of Trades are likely to fail and will fail, and favoring the more stable 'growth over time' method is a lot more logical.
From my own perspective I have tried margin trading and I have won and lost, but overall lost, its non-profitable. (I don't know about all y'all but either you're a king walking earth or lying). Let me know if you think you're a king.
Replacing this popular margin trading with the ledger in turn won't have you checking your phone every two minutes, checking prices.. And is incredibly less psychologically straining. I 'put the most emphasis on this' as you have possibly noticed the psychological strain yourself.
Currently i (and you should) simply 'ride the ups and downs' of the market with joy, knowing that the long-term uptrend is still intact. Which is very satisfying.
'For reference currently I plan on holding my cryptocurrency for 20+ years' That is the current plan, however i may put it in my Will.
Many of these coins are very young and have much growth to experience.
Good luck and stay safe friends
My first idea if anyone would like to see it, a repost really but i thought now i have a larger following I would let more people know
Cheers,
Bixley
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.