You know how you sometimes give advice and then do the exact opposite of that.
That's what I did today.
Instead of enjoying life and going out I decided to sit at my computer and stare at the screen.
Today I couldn't get away from the markets.
I even day traded...and that's been a while.
I usually write about what occupies my mind and today that's only one thing.
The crypto markets.
I sat at my computer around 8 am and I have been there for most of the day.
Even though they are awful for investors, days like this, luckily, don't occur that much.
But they sometimes do offer chances.
That's what I waited for.
While waiting I had a chat with @ezzy where we talked about recent events.
I do feel lucky that I got to know him because sometimes it's just nice to talk to someone that is on equal footing and going through the same emotions.
I'm pretty convinced that most people in crypto go through these emotions alone because they, like me, could not convince or find anyone willing to invest the same amount in the past when crypto was even more obscure.
Now that I have to deal with hundred thousand dollar swings it feels crazy I can tell you that.
Around 2 am I saw an opportunity. And probably one not many expected.
I saw that the BCC token had reached an absolute low after being dumped today.
I decided to daytrade.
I never daytrade on technicals, I usually make a trade on peoples emotions or market events.
I just assumed people would be so angry that they would dump the token at any price.
I bought @ 150k satoshis and when it went to 65k satoshis I bought more.
65k proved to be the bottom.
Then it quickly went up and I sold everything when it doubled.
A day traders mindset should then be happy.
But this is the big difference between a day trader (no emotion) and an investors mindset.
Soon after it doubled again and I beat myself up for selling so early.
I was once reminded why I don't day trade.
I just don't have the emotions for it anymore.
But there is more.
Day trading makes me feel the same as when I used to play video games with my friends for the whole weekend and not shower.
Sort of Sticky and dry-eyed. It's hard to explain.
Basically, I don't think it's worth it.
So after this exotic excursion, I'm back to Investing long-term and buy and sell gradually.
That is my game and has done me well.
It's also way more relaxing :)
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