"Why?" I am a short term trader/holder. I trade some 60 different coins. When coins go up I sell some, when they go down I buy more back. Having been a chart reader for over 30 years I love the volatility of crypto. I came from the commodity market, now 100% crypto. – That’s insane! 60?! Surely you must have some crazy focus to be able to do that. More profitable in the long run for me. Don't have the personality, character to watch a screen – Less stressful too. I studied a lot for this and I still learning – Gotta keep on learning! I lost money in Galaxy Resources a company that kept scamming people to invest, once thay saw that their profits would rise, they deleted me and no doubt many others, had this not happened I would have mad e$6,000.00 instead I lost everything. I feel crypto is much safer once you learn how to use it and I am learning all the time. – It’s full accountability with crypto. Double edged sword. Because I am the master and keeper of my own money, damn! – I like the sound of that! Just getting started in the crypto game, so who knows where that will go. For now, buying and holding – Simplicity is key sometimes. if i see back the gains i have made in crypto is exceptional. also with crypto i am in full control of the assets. but one thing it depends what u hold. invest in good projects & hold a while it will give super gain. – Full accountability. Gotta love crypto. Long term accumulator – Same here! Crypto are way more interesting that traditional markets. There is continuous developing both in technology and social assumptions, which will end up taking over traditional markets. – Yeah, it’s a rapidly developing space. You wake up each day and there’s always something new and refreshing. The space truly has a lot of potential and a great deal of smart people are working towards unlocking that potential. I believe the market will go up sooner or later. Then we can make large profits! – Which begs the perennial question: “Wen Moon?” I am a small investor and you need only small capital to trade different coins and hodl till it shots to the moon. Guys we need info for different coins and tokens for passive income. – Well you could look into coins that can be staked! Or look into Defi! i believe in the tech and the ideas of financial freedom. i believe that money should be borderless and owned by the individual rather than the corporate overlords. i believe in what it offers. I see the long term opportunity it brings. I see the value. And why is crypto more appealing to me than traditional markets, I lost my shirt, 3/4 of pants and cap when it was bad in 08/09. few years later when i saw crypto and what it was, i knew this is the only solution to the problems that institutional money brings. – Man the last fin crisis was brutal. If there was one good thing that emerged from it all, it was BTC. Great question, tough one to answer. As much as I love crypto, the voice inside me says " This could very well go to zero". CD's, money market accounts, blue Chip mutual funds are a lot safer with proven track records. Crypto could be 10x or bust. But I love it. Lol. – Are blue chips truly safe in a global financial crisis? Haha. We all saw what happened in 2008. I can’t imagine the magnitude of the next one. Learning as I go along, experience (mine especially) is to approach with risk based approach, and only trade what I can afford (who can really)!! to lose – Yup! Treat it as money lost. |