[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 18 KB, 600x600, dfgst45345.jpg [View same] [iqdb] [saucenao] [google]
22529768 No.22529768 [Reply] [Original]

>Missed YFI
>Burned hard on SUSHI
>Burned hard on BZRX
>Burned hard on SAFE

How are you supposed to fucking make it if you get assraped 3 times in a fucking row? All of my summer AMPL gains are almost gone. What am I doing wrong? Am I not being conservative enough? Should I only be using 3% of my portfolio per trade max?

>> No.22530158

Try buying something that you actually believe in for the long term. Constant trading of the next biggest thing will eat you alive if you don't have an edge to always get in good quality projects early.

When you make big gains, cash out some into safer investments that way you can trade aggressively with the rest and slowly build your stack.

Excess trades also will lead to the tax man raping you if you are in the US. At least if you made enough gains for them to care.