Why I stopped day trading

By slickwarrior88 | Slickwarrior88 | 28 Jan 2020


I loved the thrill of trying my luck at day trading. Buying low and selling high. Some days I would do well and others I would do horrible. I would spend hours watching candlesticks and indicators. More often my stop loss would trigger and i would lose no more than one percent. It was until one day I read the book " The richest man in Babylon". My whole perspective had changed. In the book I read that no more than 1/10th of all I earn is mine to keep. I also read that you should think of your savings as your children. Let your savings grow and earn interest. Then your children's children or the interest on your savings will start earning. The compound effect in action. My day trading ended after this thought.

Every paycheck I got I would save 1/10th and immediately put it into Blockfi interest account. Blockfi earns interest on your crypto. So even in a bear market I'm earning more and more bitcoin. The longer it sits in the account the more I earn and the faster I earn. No more staring at my screen for hours. 

Its worth a try if your interested. Here is a link if you want to give it a try. Blockfi.com

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slickwarrior88
slickwarrior88

Crypto believer and business studunt.


Slickwarrior88
Slickwarrior88

Cryptocurrency enthusiast.

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