It doesn't matter whether it's $20k, $25k, or $50k this year. All I want is profit. Whatever "k" we are aiming for for this year, I am still very much convinced that it's better than dumping my idle cash with my bank.
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All you want is profit? I think you will lose out my friend. You have to be prepared to hodl for years if you want the real gains. If you're just in it for some quick profits you'll never see those huge ROI's. We all want profit, but are you in cryptos for the right reasons? Do you understand the fundamentals? Or are you going to sell Bitcoin when it hits 15k..then buy back in when it hits 25k..then sell when it goes back down to 12k..then buy when its at 30k..then sell at 20k..then buy in at 60k..then sell at 20k.
I mean..people do lose a lot of money even in insane bull markets. I know people who actually LOST money during 2017. A hodler would have made 20x-30x throught 2017..but a mongoloid trader without the right skill/mindset could easily have lost all his money.
I can't agree with you less. In the real sense, making profit all comes down to perspective. That's why we have both short and long term trades. They both serve their purposes.
Sure. Except 90% lose when daytrading. You're up against experts and robots. But the market need losers as well. And in that sense you will serve a purpose :)