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RE: Dumb & Dumber: How Not To Fall Into The Traps Of Becoming Crypto's Next "Dumb Money"

in #bitcoin7 years ago

I think that the average investor should have a buy and hold strategy, simply because they don't have enough information and they panic when the numbers go red. So I'm a big fan of the same strategy you use.
Another thing; I don't think investing and trading are for everyone you need to have a certain mindset and a willingnes to work hard to have success at it.
I think that time in the market beats, timing the market, which is why I don't try day trading, It most likely won't end well.

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Agree with you big time. Its really not a game to play for everyone. Problem is in crypto a user makes that one lucky move and they think they got it all figured out, trust me I was that guy myself at the beginning so it encourages to keep on the same strategy and we know well enough now more of the time noting works the same way in the crypto trading game. Education is a big key and lots of serious research