DO THE OPPOSITE OF WHAT PEOPLE SAY
The individuals investing in the crypto market will make you lose money. How? Simply by transmitting their euphoria and panic to you, and you, as beginners, will follow them. Individuals in the market are strongly manipulated by institutions, which often do the opposite of what individuals do. And it's these institutions that win, the banks, hedge funds, not the individuals. Mostly, individuals lose their money in the crypto market.
I'll tell you something very counterintuitive: do the opposite of what most people say, and you'll make money. Let's take an example: $PEPE . Look at social media, everyone is talking about PEPE, everyone is saying to buy PEPE. Now, look at the PEPE chart. Do you really think it's a good idea to buy a cryptocurrency that is at such a high level? Seriously? But what nonsense some people can think...
The PEPE chart does everything but make you want to buy: you should have bought this crypto before. Now, it's much, much, much too late.
There is a fundamental rule in investing, especially in crypto investing: buy when the market is horizontal, sell when the market is vertical. It's extremely simple and easy to follow, yet most people get caught up in their emotions and do the opposite. I assure you that by doing the opposite of what people say, you'll make a lot more money. Stop listening to social media and follow the right people.
I'm not giving investment advice, but I'm giving you clues. Look into cryptos like KNC, CRV, IOST... these are horizontal markets, and there are hundreds more like that. But you have to search and put in some work rather than listening to people. That's the key to success.
I hope some will understand this and apply these tips.
This post represents only my opinion.
Thank you for reading.
Livio P-V
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