Quote (Hizkuntza @ Jan 9 2021 02:56pm)
eh my one regret was taking money away from the market because I got sp00k3d and thought I needed to buy a condo instead. The money I left through the crash has already doubled in value since Jan 1st.
Bitcoin's graphs were looking really good early December but I've done my own trading in the past and I figure I always win if I leave it to the professionals instead. the stress of speculating on a volatile asset is just not worth it.
Maybe I am leaving money on the table but I am comfortable with long term buy and hold strategies. That is what I will stick with.
Unless you are extremely lucky or extremely smart a simple buy and hold strategy will beat day trading and options investing. I am in the same boat as you. The stress is not worth it to me either.
Crypto I can not understand and I don't want to be the one holding the bag.
A part of me thinks the entire crypto industry is one huge pump and dump scheme that could bust at any moment which is why I have not taken much interest in it.
Perhaps that is just the fear of something I don't have much understanding of talking but with the consistent results I am getting with boring buy and hold I am not interested in crypto like a lot of my friends and younger demographics.
This post was edited by Killingyouall on Jan 9 2021 06:09pm