Some tips that will help you be more efficient with your portfolio.
DIVERSIFY YOUR PORTFOLIO
When I say to diversify, I mean a maximum of 5 coins and stick with them for a while; do not overcrowd yourself with coins because that's when your attention gets distracted, and if you don't have the knowledge, you will lose a lot of money along with your peace and tranquility.
DON'T FOLLOW THE NOISE
Don't believe everything you read, even if it sounds convincing. Learn, get informed, and above all, do not invest in those coins that already have exorbitant percentages because they will fall soon, and you will probably be the one financing the last upward curve before the continuous drops come.
DON'T TRY TO WIN AT EVERYTHING
Yes, we all want to win, but it's normal to have some losses, so it's not advisable to punish yourself for not having invested in a coin that you thought would surge. Relax, if you keep preparing yourself and have patience, you will get good results.
DON'T TRADE IF YOU'RE NOT PREPARED.
Many want to and wish to put all their money in a single coin. Don't do it, and above all, don't trade without knowledge, especially not with emotions. If you are going to trade and don't have knowledge, it's better to invest long-term, at least a year, and then do it when you have a better position that is worth it, not for 20$ that will risk your 1000$ without knowledge.
INVEST GRADUALLY TO DIVERSIFY YOUR RISK
If you are thinking about which coins to invest in, I recommend you not to invest the total amount at once, but rather gradually. For example, if you have 1000$ , divide it over 12 months, and this way you can diversify the risk, buy at different prices, and it gives you time to learn and improve your performance while also discarding non-profitable coins.
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