My 2-month crypto learning curve.
I joined on the recommendation of friends, caught a moment when the bull market was ending and the euphoria hit me hard. I thought I was going to get rich and had found a gold mine. In 20 days I had doubled my capital, invested in about 10 coins, including altcoins, BTC and memes (very motivated by what I read here). I was enchanted by the $USUAL project.
In a short time, seeing the market falling and USUAL rising, I invested even more in this coin and the return was great. My capital had increased by about 3x (my average price was 0.53).
Main mistake = I didn't set a stop loss. I went on vacation, saw the capital rising and relaxed.
When I realized, it had lost a lot of value and I was waiting for the value to return, which obviously didn't happen and I ended up selling a good part of my coins for 0.65, making some profit but quite frustrated.
You, beginner. Understand that 5% variations in the crypto market are nothing!
To ensure profit, set a minimum value limit for selling and don't worry if it hits the bottom and you have to buy again. Ensuring small losses, but mainly realizing profits, is the best business.
Did you like a project, but it's falling? Sell it, follow it and when it shows a small recovery movement (for me it's 5%) buy it back. Smaller profits can and should give you better results in the long term.
Be patient in a bear market.
Follow the movement of $BTC, it will tell you a lot about when to buy and sell.
If you liked it, comment below. If you think I'm wrong, comment too and help me learn more every day!
Hugs and see you next time.
#bitcoin #HODL"
#criptomoedas #resiliência #investimento