Have an Economics degree. spent several years working at one the big four as a financial analyst. Been out of the financial world since 2016 but got back into it after watching too much TV, writing books and too much Reddit during the Pandemic. I genially find it fun and had a goal to stop end of July
I had some background in stocks and crypto wasn't new to me but found some information online and my old man was also in financials for years. So he gives me advice and he is currently holding 10x the crypto I do.
I do all my own research and here are some of the links I use:
- https://studio.glassnode.com/metrics?a=BTC&m=addresses.ActiveCount
- https://messari.io/
- https://www.livecoinwatch.com/trending
- https://stocktwits.com/symbol/BTC.X
- https://www.viewbase.com/coin/bitcoin
- https://stats.buybitcoinworldwide.com/stock-to-flow/
- https://www.coinfairvalue.com/
- https://alternative.me/crypto/fear-and-greed-index/
I use Trading View for analysis and suggest you never use the same platform for analysis as trading
I'm in a position where crypto gains will make my life better but not radically change it. So can spend my mornings diving into it and researching. Initially as stated my goal was to hit a monetary value and stop but now just want to be a better trader
If COVID had died down I would have just gone back to work as I own shares in the company and probably been like my dad and just forget crypto (again/was in it 2017/18). But most of the business is shut down apart from the farming sections and gardening (plant sales). Which I have little to no input in. So my main job these days is doing the financials which because sales and expenses are paper thin takes me maybe 1-3 days a month
I'm only busy when have to analyze some new governmental regulation in regards to COVID or do asset liquidations. To show you how little work I have on my plate; pre-COVID staff was around 54 now we have 13. Of which 2 are gardeners, 3 security, and 1 exotic animal hand and 1 farm hand
I can't play video games anymore, find them boring and repetitive. As stated movies and TV lost their flavor. I wrote a book and waiting for it to get done being edited and maybe some re-writes. I still play music on weekends and when bored. Been indoors with the family for months so conversation has dried up. So trading is like a hobby that is both fun and if I hit the jackpot probably won't stop because I'm finding it somewhat fun
Honestly I think its like some kind of addiction. I was talking to a friend a couple weeks back and he was telling me how he started bee farming during lock down and he made $20k in profit off it. I have empty land and resources to start bee farming or expand our farming sections. But I'm fucking around in crypto
If my account went to $0 would my life change, no. So maybe that's why I'm trading
From the bottom of my heart. don't trade if you aren't in a position to. Its not a get rich scheme and no "guru" or amount of luck will get you what you want. I've got a pool and tennis court I don't use but on Reddit constantly and trading because I have some kind of problem
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