🤔 Learn to think and think like smart investors if you want to make money from your investments, whether small or large.
1. NO FOMO (Fear of missing out)
- In order for investments not to suffer losses, you need to find out information about the project you are investing in, don't see it increase in price so much that you get greedy and then see the price of the investment drop dramatically because whales are take profit.
2. DISGUSTING PRICES (Neither increasing nor decreasing)
- This is a good time to buy more coins and increase your investment
3. DIVIDING THE NUMBER OF BUYING TIMES (Average price)
- For example, if you have $900 and want to buy BNB at $300 at once, you already have 3 BNB.
- In case BNB increases to 310$, you profit 30$
- in case BNB drops to 290$, you will lose 30$
- but if you split your purchases into multiple purchases, you'll reduce your risk even more
4. LONG-TERM INVESTMENT (Only take a little profit or not at all)
- Buy when the price drops and take profits when the price increases. There are some coins that have great potential but the price is forced by the market maker, making it unable to increase the price. Waiting until the market maker collects enough goods will cause the price to increase rapidly. dizzy.
5. PANIC SELL (Sell when scared)
- When a coin is stabbed very hard, try to stay calm and consult more places to avoid being led by public opinion.
- Remember that when you hear information, that situation is probably already happening, so what you need to do is reassure yourself.
6. FIND OUT INFORMATION
- To optimize your investment, you must clearly understand where you invest
- If you throw money around and then call it investing, it's your fault.
Wish you luck 😁
