I jump around from crypto to crypto. I have heard if you just let coins sit in a wallet it will grow 10x anyways.
But what fun would that be?
Now I am understanding what riding the waves mean. If you aren’t a whale, it’s harder to make a splash. So we have have to catch the splashes if we can. In and out, out and in.
Done correctly, day trading can be profitable. Everything is a gamble in life, and if we don’t take risks, there are generally no rewards.
Just sold my Lumen’s and perhaps I’ll go all in again to catch a bigger wave.
Last week I was (XRP) Ripple, this week I’m Lumen boy.
BB613
It's all good, as you said we have to make a splash!
Don't you worry about missing out on the longterm gains, by going "all in" from coin to coin? I would be interested to see what happens if you were to go all in with the profits, and pull the principle and put it into a long term hold. Rinse & repeat from wave to wave. Best of both worlds, you get to hodl and still go surfing everyday. Just a thought. Congrats on the win.
Currently I diversify into Gold/Silver, now I'm just gambling. It's day by day with crypto. Who will the winners be ;)
Another smart move imo. Did you ever get your dash back btw?
I do both, long term hold and trade as much as I want. I have two portfolios on cryptoport (kinda like blockfolio) - one is my "I believe in these coins and am holding until moon" portfolio and the other is stuff I wouldn't hesitate to flip at a moment's notice
7.55% @pushup from @bearbear613