[ 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: 837 KB, 830x738, 1704458563760212.png [View same] [iqdb] [saucenao] [google]
57201460 No.57201460 [Reply] [Original]

Should I stop day trading illiquid shitcoins? I earned 200k day trading btc last year. I tried to do this with alts. Have lost that 200k.

>> No.57201507
File: 158 KB, 512x435, 1704495090987025.png [View same] [iqdb] [saucenao] [google]
57201507

>>57201460
You should have just bought KNS and forgot that you did for a year

>> No.57201564

>>57201460
Trading alts 1x is like bitcoin 5x leverage + worse liq so more scamwicks too (yes, worse than on bitcoin)
It's just not worth it

>> No.57201892

With shitcoins, you have to catch the beginning of their pump and gradually sell on the way up. I've used this strategy with MYRO and my portfolio was literally saved from the ugly dumping over the past few days.

>> No.57201974

>>57201460
how the fuck do you day trade 200k out of bitcoin in a year? how much capital are you working with to begin?