&&&&& Lesson I learned before taking huge losses %%%%%
Cryptocurrency market guidelines for newbies looking to invest in crypto:
* Think independently and avoid asking for targets or hand-holding.
* Focus on a few strong projects instead of chasing every new token.
* Take small and regular profits rather than chasing large gains.
* Research an influencer's track record before following their advice.
* Analyze risk/reward before entering or exiting a position.
* Adapt to market trends and be flexible in your beliefs.
* Assess your profits critically to avoid overconfidence.
* Approach news with skepticism, as it's often designed to trigger an emotional response.
* Recognize that when your desire to sell outweighs your desire to buy, the bottom of the market may be near.
* Wait for key technical indicators to confirm trends before making decisions.
#binance4ever #BinanceTurns7
#binancelearntoearn
I suggest all interacting with crypto any points of these guidelines. I am not a financial advisor, so the guideline components are not magical words to make you quick money, but rather a reflection of my experience. Furthermore, I am still very new to this market I encourage others to learn from their mistakes and adapt to the ever-changing cryptocurrency market.
