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RE: Is Crypto Trading a Game to You, or Something a bit more Serious?!?

in LeoFinance3 years ago

For me, I trade very infrequently, which means that I don't have to stress too much. The money is serious but I've been thinking about various aspects of crypto investing for so long and experienced so many losses down the road that I'm hoping that I have finally come to the right place emotionally.

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Sounds like a good strategy - the infrequent bit!

I don't really trade TBH - when I do it's typically to just shift coins about for a cheaper transfer fee, but I don't generally try to time the market.

I find it too anxiety inducing, i'm mainly just a buy and hold kind of guy - staking for returns is something that really appeals to me.

Also, getting into liquidity provision is another way to substitute trading as a way to make money. In fact, that's close to being the same thing. Liquidity pools are automatic market makers and by providing liquidity you participate in both sides of the trades while making bank passively. Of course, you run certain risks.

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I much prefer pooling to actively trading!