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RE: Another Day in the Red

in #steem7 years ago

with steem either you are ready to sell or you already vested your Steem and need to wait a week. You should value your Time too. Because if you keep flipping the coins with 10% profit and it goes up you will fomo in and loose even more. If you happen to be a trader, YES DEFINITELY but if not and you are a normal Investor you should see the bigger picture and wait accordingly. A Strategy is only good when you respect it. :D

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Great comment! I have a large amount of Steem here vested as SP, but I also have some Steem on Binance that I trade with! Back when I traded a lot, I was consistently making 20-30 Steem per day from trading (if I decided to trade while studying), some days I had some losses and other days massive wins, but overall I made about 650 Steem in about a month, of which I probably traded on 20-25% of the days.

I mainly swing trade now since I don't have enough time to look at my laptop since university is getting quite time-consuming.

Despite this, I still don't see myself as a trader. I tried leveraged trading before with a small amount of money and my shorts/longs were rarely well-timed.