To trade Crypto or Not to Trade? (For Beginners)

I'm Not a Financial Advisor

I can't tell anyone what to do with their money, but I do advise new people to stay away from trading, as it's very stressful, it's a full-time job and 90% of veteran-traders make less money than those who buy and hold for long-term growth.

I do trade crypto currency, but I don't do it with any of the top 5 volume-coins and it's done just because I can't stop tinkering and I get bored if I'm not actually taking part in whatever is occupying my attention. I have to create. I'm not an observer or an audience member.


On the other-hand I don't do it with small market-cap coins that can easily be pumped and dumped.


The money I make on trading is seen as extra income on-top of the buy-and-hold coins and not as "money I'm counting on to pay my bills." I challenge myself with it and see how-much and I can parlay small sums of money into substantial sums of money.... Like a toy for weird grown ups, a cheap thrill, fast cash and a mind-orgasm until BitCoin hits $100,000 and I have more money than Bill Gates! :) Yeah... right.


Trading is like trying to brush the teeth of an alligator: you can get in at the wrong time, you can get out at the wrong time and you can get back in at an even-worse time... and I've  seen stock brokers literally lose their minds over this.


If you're new to this - don't trade.
If you're tightly wound and counting on the money - don't trade.


If you're simply looking to get your money working for you, growing and adding more security for your future..... via a long-term buy and hold coin... you've come to the right place.


At some point down the line, if you want to take a small percentage of your profit to try your hand at trading... all I can say is good-luck to you. Maybe you'll be great at it... but put it off until you learn how this market works.