I was a daytrader for many years. Traded emini russell futures. Yeah, stressful. I traded with the same bunch of traders on mirc for over 10 years. I decided I was done, gonna retire, and close out all my accounts so I wouldn’t be tempted to trade again. One of the guys says....take a couple of hundred dollars and buy bitcoin...then walk away. I thought what the heck? He told me where to go to open and fund an account and I spent $100....then walked away. Bitcoin was $5 then. When it hit $14k I thought....hey I have some bitcoin and pulled up my account info. Sold a lot of it and paid off some bills, the house, etc. Reinvested some of it in ethereum, etc. Still have some bitcoin from $5. ;)
Awesome! I know Day Trading is really hard. I’ve read only like 5% of Day Traders are actually successful.
I have been dollar cost averaging for about 4 years. Accumulate, accumulate, accumulate. The weak hands get shaken out in the Bear markets and that is where the money is made. Buying the dips and then riding the Bull markets.