Very easy to get caught up in the hype of bull run and buy at the top, and buying big at the top, looking for a quick profit, to quickly see your money dashed away. Best advice I could give if you really believe in bitcoin is to buy small amounts and be prepared not to sell them for a few years. In that time I'm confident that the price will rocket and hopefully that can be your retirement fund!
Price goes up...buy small...price goes down...buy big...price goes further down...hodl! (and buy some more!!!)
Jumping onto a run is often so tempting to make a few percentage points very quickly, but I know when I was new to trading I was burned a few times by that tactic.
Yeah exactly. Even the most experienced traders might get caught up in the emotional ride. Just need to be careful. I got caught up in it as well when I started trading and the same advice I give to people now is the same advice I read when starting off.
The only way to learn sometimes is to learn the hard way.
If this type of advice helps some folks then I'm glad.
Following you dude! :)