When I first got into Bitcoin, I thought trading it would be the fastest way to grow.
Watched charts, followed setups, even tried signals at one point.
Didn’t really end well.
Took me a while to realize the issue wasn’t just strategy, it was how I was managing risk and decisions in real time.
Switched focus more towards having clear rules instead of chasing entries… and things started making more sense.
Still learning tbh.
Curious, do most of you here actively trade BTC or just hold long term?
Tried trading Bitcoin… didn’t go how I expected
byu/Slow_Bookkeeper6633 inBitcoin
Posted by Slow_Bookkeeper6633
4 Comments
Buy and forget for 20years
Thank me later
I DCA on the 15th of every month. That takes trying to time markets and any emotions due to market movements out of any decisions making. 800 dollars – 200ea into 4 different currencies no matter what’s happening. Easy.
I lean more toward holding long term. I just DCA whenever I have extra funds and don’t stress too much about timing. Tried trading before but a simpler approach works better for me.
I’ve got other life commitments and priorities so I don’t spend it all trading – instead I put my money somewhere it’s going to grow, then come back later once it’s grown