GlenGoodman

WHY BITCOIN & CRYPTO BEAT STOCKS!

Éducation
GlenGoodman Mis à jour   
LSE:BAG   BARR(A.G.) ORD GBP0.04167
This is why I prefer trading cryptos. Look what just happened to one of the stocks I own! No warning. No chance to get out before the disaster because stock markets don't trade 24/7 like crypto markets do. They close at one price. Then the company announces a surprise fall in profits, and when the market reopens, it's down almost 30%.

At least when BTC falls 30%, it doesn't fall in an instant! I am always able to sell my cryptos in the early stages of a price crash and get out with most of my profits intact. As you can see, I can't always do the same with stocks.

I got out of Bitcoin and other cryptos as the bubble was popping in late 2017 and early 2018. I kept my profits. Meanwhile, old-school finance people have the cheek to complain that crypto is too risky and volatile! SMH.
Commentaire:
....but on the other hand, I love it when this happens to one of my stocks, as it did today.


THE CRYPTO TRADER: How anyone can make money trading Bitcoin and other cryptocurrencies

Published by Harriman House.

This link should take you to your local Amazon site.

getbook.at/TheCryptoTrader
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