So when it drops you don't feel so desperate thinking you're going to lose everything and the more you increase the purchase value when it drops the faster you recover and make a profit.
mashwani01
--
Profit and Loss! I invested some of my savings few days back in crypto. The journey was appealing at start since I made some bucks. But, what was given was taken back from me because of following things. 1. No learning No earning If you don't know the basics of something you may get some output but eventually you get back from where you started in case you are lucky if not you ma lose all. 2. Don't be greedy In search of too much you may loose what you have. 3. Patience Be patient when you trade. 4. Discipline Discipline is must and must. FOMO Don't panic and wait for the right time to enter. Risk Management It's better to do risk management before losing everything you got.
Hope this helps you out. #BIOOnBinance #BIOOpenonBinance #XRPBackInTop3
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.