Today news
About the same in other media
The Holy Grail for crypto traders: Consistent average returns over 5%
Reading now: 206
If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend.
In the long run, however, most of these “fortuitous” traders tend to lose.
Why? Because they have to pick big-time winners to cover all the times they miss their targets.
For every Shiba Inu, there were a thousand coins that didn’t moon.
Which is why crypto traders whoemploy processes rather than try to predict events are more likely to fill their bags in the long run.
They trade on probabilities rather than hoping that Token X goes parabolic next week. They win on aggregate numbers instead of sexy-looking one-offs. If you offered them
Read more on cointelegraph.comAbout this in other media
More Aussie Crypto Traders Profiting, Country Moving to Largest Reform of Payments Systems cryptonews.com /2 years ago
Proposed bill banning crypto payments could mean jail for violations economictimes.indiatimes.com /2 years ago
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges economictimes.indiatimes.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
