| Название | : | Ripple XRP: Day Trade Or HODL Crypto? The False Economy Of Day Trading When You Suck |
| Продолжительность | : | 10.07 |
| Дата публикации | : | |
| Просмотров | : | 4,2 rb |
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Love all your input and content Thank you:) Comment from : Yvonne Begor |
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Lmboooo this is so true I use to be just like that Until I realized UK joy really need to zone in for hours watching these charts day trading I've learned a lot through my mistakes playing with real money Comment from : Shan HP |
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👍 Comment from : Ed Chamberlain |
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Sold BAT @ 17 still waiting for it to come back home I made $5 tho A win for a loss I guess Comment from : J Fowler |
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im a currency trader 10 years at it , and i never day trade as its very tough, i trade on the daily charts, which is same as hodling Comment from : Ian Gracias |
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Remember Most people only talk about their wins Not losses 😉 Comment from : XxX |
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Totally agree on day trading Your illustration is very accurate The way you outlined this shared the thinking and emotional arch of an uninitiated person who doesn’t understand any of the things that go into trading brbrI’ve been hobby trading and investing for about 20 years but I’m not a professional day trader I’m steadily working toward that goal Here is what I’ve learned over the yearsbrbrThese same people going through the emotional roller coaster of day trading could really do well but most won’t chose to take the lumps needed to really learn the craft and show consistent profitbrbrIt literally takes thousands of trades over years to learn brbrIt takes study to understand the asset you’re trading Is it just a run of the mill asset or something unique?brbrIt takes getting comfortable with enduring small losses when you’re wrong and holding longer to take larger profit when you’re rightbrbrIt takes an understanding and application of risk/reward ratios that give you a numerical edge This allows you to lose more trades than you win but still show a monthly profit on balancebrbrIt usually takes losing your entire stake once or twice to truly understand the risk/reward It also takes the understanding that you will be wrong more often than you’re rightbrbrIt takes identifying a fundamental and technical catalysts for every tradebr brIt takes understanding the differences between day trading, intraday trading, swing trading, and investing (which is basically “buy and hold”)brbrIt takes planning of what you’re going to do in every case If it goes exactly the way you thought it would If it goes against you When to exit because you were wrong When to take profit Etc EtcbrbrIt takes real work Comment from : Jay Grissom |
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Interesting news from Gemini Capitol in NYC regarding loans secured by crypto assets:brbrBitcoin Cash (BCH) borrowing has dwindled to nearly zero as we called most of our outstanding loans prior to the hard fork on November 15th Managing forks is a precarious process when lending digital assets, and though we define specific hash rate, liquidity, and market cap parameters for delivering a forked coin, both borrowers and lenders generally prefer avoiding carrying balance Comment from : hotwax01 |
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I remember my first poloniex account Comment from : HomeValue Glass |
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Great video WMC-Taxes are the big driver - hold for at least a year and only pay long term capital gains tax If you trade sooner than a year, you pay at your normal income tax level I'm a HODL'R - at least a year Comment from : Erik0528 |
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Agreed WMC, I'm a crypto HODL'r and I day trade forex but I will NOT day trade crypto, lol! Not financial advice but you can lose your shirt day trading crypto if you're not careful Stay in profit family! XRP! Comment from : KJ |
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WMC good point plus the huge btc fees everytime you tradebrIm a hodler Comment from : Karl Wagner |
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Thanks!!! Comment from : Reckamech |
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For xrp the universe is the limit Comment from : Tom Nitro |
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Good insight! Comment from : The Barefoot Drummer |
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remember each time u sell u have to pay tax too well that for here down under :P Comment from : john d |
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HA ha INTERESTING I GUESS THE HUMAN MENTALITY IS TO MAKE MORE SHORT TERM RATHER THAN WAIT time will tell Thanks Comment from : Stevo |
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