Search results

Well, don't be salty. There is a certain element of luck involved but don't discredit someone who is incredibly visionary and placed a bet of a lifetime.

I realized you can't. Let's say you know for a fact that bitcoin price right now in Nov 2021 is $56k and you were time travelled back to its inception in 2009/2010 when it sold for say $0.06 at the start. What will be the best strategy? Let's say you do not know how it moves up and down, just...

I wont say "stupid trades" but there are some trades that are just x-factor plays. Meaning, your rigid system won't give a "buy" signal, but based on fundamentals and other factors it is a profitable play.

Binance and Coinbase are the top two.

His the ultimate hodler. Possibly could overtake Elon Musk to be the richest person in the world?

They turned $35k to $10mil in 2 years? That's extremely good.

I also had an epiphany just doing nothing, relaxing but thinking about my trades. At the end of the day there's only two approaches, Trend Following and Mean Reversion. Due to inflation, markets have a long bias so trend following works. George Soros theory of reflexivity states that market...

I have found the Holy Grail after years of searching. Now the hard part is just to be disciplined and stick to it.

I think 99% of the time you have to follow your rules and system. 1% of the time you can break the rules.

Group of Asian whiz kids.

Like I said there is no objective answer to trading correctly. Like if someone had $10k to spare and bought Ethereum at $1 and simply just held, they now would have generational wealth (about $46mil). Could they made more by trading? I highly doubt so, keep in mind 90% of traders lose money. If...

I'm not saying go all in and hold 100%. Like I said before, I do both trading and holding. If you control your risk you have to put a stop loss and potentially selling at a lower price. In fact I've never heard of any daytraders who become filthy rich. Max they can make is $1-$2million maybe...

Yes true, you need a wider stop as prices get more volatile. I would say trading is part art and part science, there isn't a definite textbook answer. If you feel the amount is too large making you sweat, you can always sell some. The famous trend follower Ed Seykota once said "I set...

It is very hard to predict what is the peak of a coin. What goes up crazily can go even higher. How about phrase it this way. If you bought bitcoin at $1, do you think you would need to sell all your positions now? $70k could be the peak but it could very well go even higher. Even in the 2017...

I want to do both, I trade a stack but if there are coins that I bought very cheap I will plan to hold as long as possible.

You can play perpetual futures.

If you bought in cheap you can hold indefinitely. It depends on your buy in point. Of course you also can sell parts on the way up but I won't feel comfortable unloading all if say I bought Eth at $100 before this run.

I'm not asking to buy now obviously. But the ones that make the most are the ones that load it up in a bear market and then hold.

I traded quite abit before but not I am looking to build up my long term hodl portfolio too. (Maybe after next crash)

What are your thoughts on this? As we reach 3 trillion dollar market cap, I am more inclined to think that hodling the good coins that you researched well is the key to making the big money. If someone hodl-ed bitcoin when it was at the bottom of the bear market till now they would have 20x...