Ordinary people always lose money when speculating in cryptocurrencies. In the final analysis, it is because they cannot control their own hands!
You see, 90% of novices are like this: the coin goes up, but the position is small; the coin falls sharply, but the position suddenly increases. Why is this so? It's not because of bad trading habits!
At the beginning, I bought a rising coin, and the position was very small. As a result, I watched it continue to rise, and I felt itchy in my heart, so I kept adding positions. What was the result? At the moment of the callback, all the money earned from the previous small position was lost, and the large position was lost from beginning to end. Of course, there are times when it is right to make up, but speculating in cryptocurrencies is not a matter of one or two days. This bad habit will sooner or later suffer a big loss!
So, we have to change this habit and learn to sell high and buy low, don't do the opposite. How to do it?
First, fix the position and don't move it! Don't change your plan because of a temporary rise or fall.
Second, once the position is established, don't add to it, only reduce it, not reduce it! This way, you don’t have to worry about a pullback.
Third, when the situation is unclear, don’t open a position easily! Steady investment is the way to go.
For novices, remember these suggestions, and "experts" should take a detour!
Recently, I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is no problem to expect more than 10 times the space. If you want to follow up, like + leave a message, and share it for free.