Should I switch to stocks or stick with crypto?

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chad_bitFull Member
Posts: 66 · Reputation: 283
#1Feb 15, 2022, 04:28 AM
Got a message from someone, morning olamidetechie. I've been trading crypto for 3 years, and honestly, it’s been pretty great like 70% profit on all my trades. But things flipped last week, and I've hit a rough patch, losing so much that my portfolio's dropped to just 20% of what it was. So, I mentioned my situation to a friend who's trading too, and he suggested I should think about jumping into stocks. He thinks the crazy volatility in crypto right now is why things aren't going well for me. Apparently, I can trade well-known stocks like TESLA, NVDA and others on some crypto exchanges, since they’re becoming more universal. Plus, there’s even a chance to score in events for rewards with tokenized shares. So, here’s my dilemma should I give stocks a shot or just stay focused on crypto?
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pixel2014Hero Member
Posts: 857 · Reputation: 4132
#2Feb 15, 2022, 05:21 AM
This is the third time that you are making a post like this. If you continue to post something like this, no one will continue to believe you as they will think they are all made up stories. It is trading, it is not about volatility that affected but about not able to turn trading into profit. Anyone you choose is fine but make sure you trade with the amount of money that you can afford to lose.
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Posts: 79 · Reputation: 247
#3Feb 15, 2022, 10:33 AM
Volatility is what trading profits from. It does however mean you need to spread your descending and ascending columns of offers farther downward to catch deep dumps and farther upward to catch skyrockets. Also of course pick assets that massive dumping of them won't discourage you from accumulating them but, rather, you will see as a wonderful opportunity to buy at crazy-low prices. -MarkM-
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chad_bitFull Member
Posts: 66 · Reputation: 283
#4Feb 15, 2022, 02:22 PM
Bro that is why it is called anonymous, should i always need to send proof of the screenshot i get before you believe, check my x handle, you will see difference anonymous thread, we all learn from others mistake or give advice to people that made mistake.
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pixel2014Hero Member
Posts: 857 · Reputation: 4132
#5Feb 15, 2022, 06:40 PM
I should check your X account because I know it? I did not know your X account and I am not interested to know it. If you do not want to listen to my advice, you can continue with your stories that many people will not believe. I thought maybe your X account link will be on your profile and that makes me also check your trust history, i can see the neutral feedbacks that reputed members have given you, I was given such advice for something like this not to happen, not knowing it has already happened.
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im_apeHero Member
Posts: 629 · Reputation: 3824
#6Feb 15, 2022, 10:19 PM
Crypto market has always been very volatile, if anything these days it is less volatile not more. Also volatility is what traders seek because that's how they make the most amount of money as opposed to a stable market where price either doesn't move or only moves a little. To put simply you can make more money from a shitcoin that gets pump and dumped 1000% in a week than you can ever make from a shitstock that may go up 1% and can crash 30%. If "you" are familiar with the stock market and you have experience in it, then diversify into it. Otherwise no. Specially these days that industries and companies are facing a large number of crisis as the global economy gets more destabilized. The two tech stocks you named here are the riskiest these days as the Trump's war with China means they will be at the highest risk and can dump hard each time the emperor wannabe talks about tariffing China P.S. Are you here only to advertise your links? It won't work if you create these topics to mask that ad! Just introduce whatever you're "selling" directly in the appropriate board, it is more effective that way...
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fullnodeSenior Member
Posts: 222 · Reputation: 1515
#7Feb 15, 2022, 11:28 PM
Your twitter is just Bitget shill posts and AI written content. If you are going to post about random third parties on this forum, then it is best to include the source where these claims originate from. My opinion is that you are more interested in engagement farming rather than positively contributing to forum discussion. Trying to get people to check out your twitter is just another way in which Bitget spammers are trying to promote this exchange.
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