when I was messing around with day trading crypto my main strategy was actually to short btc. It was a long ride, I was up 500% on my initial invesment, I then lost 500%, made 50%, lost 50%, finally made 50% again and quit forever. Thankfully I cashed out before FTX went bust.
Lessons learnt:
- day trading is stressful
- I had no idea what I was doing most of the time
- if I replaced my shorts with longs I would've likely made 1000% at minimum. Any idiot could've day traded for a profit during the 20-21 boom
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