Always buy when the price is low. When I entered the cryptocurrency market in 2021, I didn’t have much experience and ended up making mistakes. At the time, I let myself be carried away by people who spent all day saying that the currency was going “to the moon.” In fact, it went up, but this only benefited those who had already bought for a long time.
I made the mistake of buying in the middle of the rise and didn't sell, believing that it would rise even further. Result: I kept my coins since 2021 and only managed to sell them now, recovering and making some profit.
Here's what I learned:
• When your token surpasses the previous maximum price, sell.
• Wait for the correction and buy again at the low.
Once I figured out this strategy, things started to get better. At the end of 2021, I saw my coins melt because I bought at the top. If I had bought at the bottom after 2021, my situation would have been completely different.
Therefore, I reiterate: when the market is down, it is time to buy. Buying at the top will only bring frustration and a bitter taste.
This is my tip for those who are starting out in the market.