Heck I have made a lot of not so smart crypto decisions over the last couple of months, like you probaly did as well. There, I said it. End of euphoric phases are very difficult to trade, and I still thought I was able to get some more out of it.
People always post the success stories to what they all did, but uhhh...It isn't a bad thing to once in while point out that not everything has a grand story and with hunting for the next x100 token you also run into a lot of /100 tokens. But again...not cool to talk about
Pxabay
I thought with the dip from yesterday maybe there is a bit of a market reset and it is time to buy some stuff again. Not shady alts, because I do believe there is a lot fo room for those ones to drop again, but just a little bit of BTC and ETH, as everyone should always do once in a while.
The nice this is that I was able to do this from profits which were from trades earlier funded by blogging. In other words, it is still free.
But what about buy for instance NEAR protocol bought half January which went in half since then. Or buying some FLOKI in November which I don't even want to talk about how much this has dropped, or nicer said now many zeroes it has gained again.
You just can not have them all, and you also should not want to have them all. Getting some classics, leaving some fiat on the side for a dip. Those are smart things to do. And that dip is hopefully now and the only was is up again.
No not in leverage ofcourse, leverage gives you the option to actually loose you tokens, which with my market skills is surely an option. But just getting some tokens, selling them higher. When they drop lower, they are still yours, just with less value. But no risk of loosing it all as you read more than often. Time span uncertain, this could be tomorrow or this could be next year. Who knows.
But what you also always read everywhere is that trading will only make you loose money. As in...overtrading isn't a good thing especially while often just holding your tokens makes the best profit in the end.
But at some point you do need to buy them, to hold them. And that is what you should do at some point again (or multiple points again).