👍👍LESSONS FROM THE CRYPTO MARKET:👍👍
• The market moves in waves.
• It is unlikely that a currency will give you 10x, 20x, 50x appreciation in a straight line. Fluctuations and corrections are normal and healthy.
• You will only be at a loss if you sell the currency at a loss. Instead of realizing the loss, make more contributions to reduce your average price.
• If you believe in the project, there is no reason to sell it.
• Diversification protects you from risk.
• Invest in good projects.
• Make contributions whenever you can, according to your reality.
• Manage your risk.
• If you are a HOLD, you don't need to worry too much about short-term fluctuations; take advantage of drops to improve your average price.
• If you are trading in a currency, enter with a maximum of 10% of your bankroll in each trade. As the currency rises, increase your stop. Depending on how much the currency has risen, you increase the stop to your entry price, protecting your capital.