When I started out on Crypto,I tried my hands on day trading. I traded a few times and was burned badly. Then I resorted to just hodling. I think hodling is the best strategy if you invest in strong crypto projects like BTC and ETH and come back during the bull run to take profit. The advantages of hodling and dca-ing are that they save you from emotional stress associated with day trading and prevent you from watching the charts every few minutes.
Most day traders lose everyday and some of them, inorder to recover their losses trade with emotions,which make them become severely burned.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments