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/biz/ - Business & Finance

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57152356 No.57152356 [Reply] [Original]

>Trade all week
>In the green
>Realize I would have made way more money if I just held the first coin I bought

>> No.57152372

>>57152356
Yup I learned this in 2017-2019. I'm a millionaire now but I've probably lost 8+ BTC from overtrading in my early days. Buy regularly and then hold. It's literally that easy.

>> No.57152385

>>57152372
Maybe sell when it hits a major resistance?

>> No.57152405

>>57152356
The only thing you can cope with is that you, questionably, risked less by trading

>> No.57152441

>>57152385
You can try but then you run into the issues of taxes and the price continuing to run up while you sit on the sidelines with your cash. I invest with the expectation that crypto will go up over time. The only reasons I sell are for major life expenses (like buying my house) or for when the price hits my "make it" target.

>> No.57152450

>>57152356
Don't kick yourself for not having the ability to predict the future - YGMI!

>> No.57152465

>>57152441
there's basically no reason to sell your bitcoin unless you trade it for something very worthwhile you really want, like that villa or homestead, or that nice supercar of a few million. btc is not for small amounts. a few cycles later it will be used to settle millions at minimum.

>> No.57152676
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57152676

>>57152385