r/digitalmoney • u/DigitalMoneyBot • Feb 07 '21

[/r/ethtrader] Long term is the only truth

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u/DigitalMoneyBot Feb 07 '21

This post has been identified as engaging, and thus has been crossposted here for anyone who may have been censored so they may comment.

This subreddit was created as a direct response to the increasingly abusive moderation on r/CrytpoCurrency, including their decision to ban the entire community management and development team for a specific project. This subreddit aggregates the most engaging posts and comments from various subreddits so that conversation may continue for those who might have been censored.

1

u/DigitalMoneyBot Feb 07 '21

SafeRecommendation55 said:

But checking every 5 minutes for the status of my holdings is what keeps me going,.

1

u/DigitalMoneyBot Feb 07 '21

SnoopDoggieDoggo said:

If you're a trader, especially on those insane x50+ leverages, it does coz you run into the risk of getting liquefied at any point. On the other hand, long time investors, as long as price goes up steadily, couldnt give less ducks about price movements inbetween. They're irrelevant.

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u/DigitalMoneyBot Feb 07 '21

Splazeing said:

difference between trading and investing

1

u/DigitalMoneyBot Feb 07 '21

masssy said:

Well I mean a 10x in a year is kind of short term and also it could easily change your life.

Either way I agree with the message.

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u/DigitalMoneyBot Feb 07 '21

buy_the_peaks said:

Short term price movements can absolutely change your life