Want a to be a good trader?
When you have such deals like #ARK or #CVC or #NEO you may wonder when you need to sell or even hold.
Well, that is good question.
You see, you need to decide if you investor or trader.
So, if you have full-time job, have a family and simply do not have a lot of free time then be investor. Find good entry point and invest (buy) and forget about it for a couple of years. There are so many coins to invest in. Even those coins above, go for them. You are going to afford a nice car in a couple of years just out of these. How much to invest? Well, just calculate how much you spend on Starbucks per year. Instead of wasting your money on that, buy crypto. You will thank me later when pay your mortgage with that!
But if you a trader or want to become trader, if you're young, greedy and aggressive. If you have almost nothing to lose and want to taste your luck - then trade like I do. Set yourself a goal you want to reach by the end of this year. In 2 years, in a decade. And go for it! Dedicate yourself to that. It is not a peace of cake I must say. It is going to be hard and you will lose money. But hey, the maximum you can lose is 100% of what you put, but the return you can have is huge. We talking thousands %
You see ratio of risk/reward. It is a fucking joke. You can become a millionaire and live a life you dream about. Less than 5% of people worldwide know the difference between bitcoin and litecoin.
You are the elite! You the first one!
Remember, an early bird catches a worm.China bans ICO; crypto is super overbought due to massive flow of new investors; great correction is just around the corner.
Major coins are falling heavily. That's awesome. That is sale!
Grab more coins while they cheap. Don't be afraid to buy when others selling.
That's the most profitable trades you will ever do.
I just don't get everyone's hysteria over the market bleeding.
Are you frustrated when you see "SALE" in your favourite boutique? No, you go shopping. That is exactly the same here.
Getting loaded with SYS, Wings, GNT, BTS, PTOY, PAY, OMG while they cheap. I expect them to dip even further.
The dip came and went buddy, you gotta wait for the next round of bad news :P
Some coins are still cheap but after a low like we had the time to buy was a couple of days ago!