Feeling Lost in the Crypto Market? ๐
Is your portfolio in loss, barely breaking even, or making minimal profits while others seem to be printing ๐ฐ๐ค?
Let's Get You Back on Some Juicy Profits ๐ค!
To turn the tide, follow these DO's and DON'Ts:
DO's:
โ
Acknowledge and accept your mistakes. Yesterday's losses are just that โ yesterday's.
โ
Cut losses: If a token is consistently losing value, it's likely to continue. Consider cutting losses and betting on a bull run.
โ
Practice patience: If your assets are generating minimal profits, stay patient. A breakout may be imminent.
โ
DCA out: While dollar-cost averaging (DCA) in is popular, consider DCA-ing out. You never know when a coin will reach its top.
DON'Ts:
๐Avoid FOMO (Fear Of Missing Out): Don't invest in a coin just because it's surging. Those who FOMO-ed into XLM and SAND pumps are now facing losses.
๐Don't chase green candles: Stay calm and rational, avoiding impulsive decisions based on price surges.
๐Be exit-ready: Maintain liquidity and be prepared to exit positions when necessary.
๐Keep your emotions in check, If your simple whales and market markers will eat you and if you are rational you will always win.
Remember:
This is the crypto market: Trains will come and go, and every day brings new opportunities. Stay disciplined, informed, and ahead of the game!