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RE: Steem Price Is Falling! Celebrate!

in #steentips7 years ago

Trading is not so profitable. I do it just because of fun, it's a gamble. But, if you want to invest and earn some money. It's best to take some nice period of time, one week for example. Try to find some of your favorite coins, study about them. From the favorites chose two or three, you consider winners. Buy them and wait a couple of months, even years. Check marketcap just for fun, or if you really need the "real" money, so you can see if it's better for you to sell them now or tomorrow. Here on Steemit, I read some interesting sentence "the scared money is a bad money" and I totally agree with it.

I think this is very good post. Guys, if you think Steemit is going to make it, you should stick with it bravely. No matter if it's the red or green. :)

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Well said, especially on the day trading advice, trying to profit by​ trading day by day​ is ​a ​nightmare. Just watch how the "old" coins like Litecoin are doing right now. For years they kept a low price, and now they are off the top.

In Serbia we have proverbs and sayings I consider appropriate for this theme "Pukovnik il pokojnik" I think you must've heard about it. :)
If we translate it, it will sound something like "Colonel or deceased". Either you win or you loose. There is no third option. :)