Hacker News new | ask | show | jobs
by lightning19 1311 days ago
when I was messing around with day trading crypto my main strategy was actually to short btc. It was a long ride, I was up 500% on my initial invesment, I then lost 500%, made 50%, lost 50%, finally made 50% again and quit forever. Thankfully I cashed out before FTX went bust. Lessons learnt: - day trading is stressful - I had no idea what I was doing most of the time - if I replaced my shorts with longs I would've likely made 1000% at minimum. Any idiot could've day traded for a profit during the 20-21 boom