I am taking about trading crypto currencies and not investing. Yes investing takes a lot of time and you need to wait patiently. It can take up to one year or 3 years or even more. What should you do instead? Look for right opportunities at the right time, If you have followed my Book "Altcoin Investor", you will be to read charts easily and find the good trades.
Find the right trades at the right time!
Stop worrying about the time frames because we can't judge the markets rightly. It can take years of practice and you can miss the right trades in few bad decisions. Lots of books explain this about picking the wrong stock and losing all the money.
Stop worrying about the profits too, be the investor and trader. Have two accounts , one for trading and other for long term. Making profits is easy when you have the right mindset and follow your discipline. Lot of us miss the discipline and this makes us lose all the money.
When I get profits in Cryptos or with stocks, I move to them to other tokens or stocks. I don't withdraw that money but instead I keep reusing my funds to buy more. With the markets, you can never be right all the time. There would be losses and make it minimum.
Find the right trades at the right time!
Stop worrying about the time frames because we can't judge the markets rightly. It can take years of practice and you can miss the right trades in few bad decisions. Lots of books explain this about picking the wrong stock and losing all the money.
Stop worrying about the profits too, be the investor and trader. Have two accounts , one for trading and other for long term. Making profits is easy when you have the right mindset and follow your discipline. Lot of us miss the discipline and this makes us lose all the money.
When I get profits in Cryptos or with stocks, I move to them to other tokens or stocks. I don't withdraw that money but instead I keep reusing my funds to buy more. With the markets, you can never be right all the time. There would be losses and make it minimum.
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