A Little Gain From Temporary Trading
Image by Gerd Altmann from Pixabay
My last blog was on taking risk and I sold my crypto coins even when it is still down. A little gain made from temporary trading and it made me happy too. Sitting idle and holding for big doesn’t worth it until you have big amount for trading or investing on crypto. When we have big amount, it’s worth waiting for big pump and lowest dump but a small amount holder like me can be a gainer buy doing such temporary trading. It was not always possible to be active on temporary trading because market doesn’t follow our plans, we follow the market.
Luckily my coin didn’t pump big and I bought again when I had a little gain. I earned a little crypto, not stable coin so I can't say the exact amount of gain. Crypto market is constantly dumping last few weeks so I thought why don't I focus on crypto asset building once again. If my coin start pumping and go to the moon then my plan will fail once again. It's my bad that I can't wait for big and my temporary trading may result no gain but taking risk is important to be a gainer too. If I had more free money to invest on crypto then it would be easy for me to take risk but my money is hard earned from my work or job so honestly I can't afford the loss.
My investment still on risk because I've sold all my coins and the pump of my coin can be the matter of long time holding. Time is money and I've compromised my time for small gains that actually doesn't worth it. Either we need big amount fot investment or we need a lots of time for the real gain. Sometimes it feels like I didn’t gain anything in the past and whatever I withdraw, it was my hard earned money. Expecting a little dump for next buy. Though I've split all my coins in three section but still gaining is not guaranteed. Holding is the only way and wise investors encourage others to hold crypto for the right time.
The observation is not yet end and my risk taking may help me increasing my crypto asset if market co-operate and follow my plans. You know what is my plan and it is about crypto coins accumulating for big pump or maybe for bull market. A small gain can be powerful too if we can buy and sell wisely and trade crypto to increase crypto asset. Here every step lead us towards waiting period but waiting for long and small gain will leave some regret, nothing more than that. A little gain might bring temporary happiness but it can't bring the financial freedom over a night. I still appreciate the small gain and it can be huge with the time and efforts.
Thanks For Stopping By!!