It all started with me watching a YouTube video. The guy was talking about how he made thousands of dollars in a single day by trading crypto. I was hooked. The idea of making quick money sounded way better than waiting years for my investments to grow. So, I jumped in, opened an account, and started\u00a0trading.<\/p>\n
I\u2019d stay up late, watching the charts like a hawk. I was so convinced I could predict every little move. And for a while, it worked\u2026 or so I thought. I\u2019d have a great day, feel like a genius, and then lose all my gains (and then some) on one bad trade. The stress was insane. I was constantly checking my phone, my mood swinging with the market\u2019s every dip and spike. My friends would ask me what was up, and I\u2019d just say, \u201cOh, you know, just a regular day in the market.\u201d But it wasn\u2019t regular; it was a rollercoaster of\u00a0emotion.<\/p>\n
I remember one night, I had a big trade go south. I lost a significant chunk of money. I felt sick to my stomach. I just sat there, staring at the screen, and I realized something important: this wasn\u2019t fun, and it wasn\u2019t sustainable. The constant worry and stress weren\u2019t worth the potential for a quick\u00a0buck.<\/p>\n
That\u2019s when I decided to shift my strategy. I started looking into holding. Instead of trying to time the market every day, I started researching solid projects and companies that I believed in for the long haul. I\u2019d buy a little bit here and there, a strategy people call dollar-cost averaging, and then I\u2019d just\u2026 leave it alone. I deleted the trading app from my phone and put my mind at\u00a0ease.<\/p>\n
And you know what? It worked out. I still check my portfolio, but it\u2019s a calm, maybe-once-a-week kind of thing now. The stress is gone. I\u2019m not a millionaire yet, but my investments are growing steadily without me losing sleep over them. I finally found my peace of mind. For me, holding has been the true winning strategy, but I had to go through that painful trading experience to really understand why.<\/p>\n
How I Lost Money Trading and Gained It Back by Holding<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" It all started with me watching a YouTube video. The guy was talking about how he made thousands of dollars in a single day by trading crypto. I was hooked. The idea of making quick money sounded way better than waiting years for my investments to grow. So, I jumped in, opened an account, and […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-100418","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100418"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100418"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100418\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}