i hardly know a thing about crypto and would look like a dumbass if i tried to invest long term, but after watching the markets for a few months i can regularly make 10%, right now its only once or twice a week since everything has flatlined but during the recent large dip it was almost every day
you cant lose more than a few percent unless youre as retarded as the loopring subreddit or cumming from too much tranny porn makes you fall asleep
to learn more contact my agent Tony Bolt
Hope nobody falls for this fucking crypto scammer
You need lots of capital unless you are trading with margin which is risky. I don't have a capital.
>Bro, why not just gamble bro?
Idk because its fucking stupid?
I already do this, OP, lol. I haven't gotten into day trading yet, though, but my portfolio is up 20% from swing trading.
It's not really gambling, though. There's a difference between investment trading and gambling.
Trading crypto is incredibly finnicky, unless you're doing very large margins. Most indicators mean almost nothing in this sort of environment, and the only somewhat consistent strategy I've found is to just short or long based on the current ma over 99 candles. Mind you I simulate all this with custom software. Currently I'm trying to find a good way to get get a neural network finding some patters that work, based on the 3 most common MAs, ADX and SO, but I'm not hopeful.
It also doesn't help that there are trading fees, so if you go for higher margins you may very well turn a 5% loss into a 6.5% loss considering fees, and it goes the other way around too, turning a 5% win into a 3.5% win. It's that bad.
If you got any strats I can try let me know, though.
I sometimes bet on football and dogs.
Care to share your sources? (Idk how to call them. Books, PDFs, videos, shit that you read to git gud)
>Everything I don't understand is gambling
Enjoy slaving away for Moshe's peanut shells, dumbass.
because its a bubble your not making gains because you knkow the market your just at the growth phase, if you did nothing you would have the same amount, if the market collapses like it always does youll lose everything
I disagree with bot trading. If it was all human trading then it would be more fun.
I know you can literally just make money off the volatility, and I know most stocks have been extremely easy grabs for the past few years, but I hardly have any money to invest anyway and it would be pretty bad if I lost it all. Plus I really dont have the time to stare at the charts all day and click the big button.
Crypto is a meme, back when it was starting you could make a fortune from it, but nowdays you need shitton of money to get anything worthwhile out of it, which makes it yet another tool for richfags to get richer.
trading is hard. unless you have a good system/edge you're basically gambling and guranteed to lose money in the long run. i'm trying to learn though it can be fun but also really annoying when you have a shitty few days in a row.
Most people lose money.
Most people loose money. Simple. I thinks its around 80-90%
You are (right now) one in a hundred making money and thinking ur hot shit. Time in the market will take care of you.
You should only invest if you're working. The best type of investing you can do is to just put a percentage of your paycheck into stocks, sit on it for 20 or so years, then take it out. Other than that, you're for sure gonna lose money.
^ Do not listen to this person.
The price of Monero will overtake the price of Bitcoin in the next 4 years.
"Does Monero depend on Bitcoin? Based on the correlation analysis, BTC and XMR have a very strong positive relationship. The correlation coefficient of their values is 0.89, which was estimated based on the last 100-days' price movements of both cryptocurrencies."
nice cope bro
>Me back in February
>"Gee, I sure have been following the markets pretty attentively lately, I think I've noticed a few patterns, and I do have a couple thousand dollars I can spare to invest in tradstocks and Crypto, let me give it a whirl, how bad could it be"
>Everything fucking crashes with no survivors for 2 months, btc drops 50% of its value, even what I thought was my safest long-term bets like Meta and Amazon lose hundreds in value within the span of a single day
Metcalfe's Law says otherwise. Screenshot my post and review it after 4 years.
It's gambling, retardo
you should've followed the macro news and positioned accordingly. the fed basically told you everything was gonna crash. it sucks and hindsight is 20/20 but i hope you have money to keep buying and don't sell anything if you bought decent stocks/cryptos. they'll come back its just a matter of when.
its only gambling if your trading system has negative EV