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Pearls of Wisdom from a Crypto Insider
If you follow these strategies, you can safeguard your entire crypto career. Hereās the detailed breakdown:
Leave After Big Gains: When you make significant profits, cash out, relax, travel, and enjoy life. Donāt be greedy!
Stop Losses Early: If youāre down more than 10%, take a pause and analyze. Donāt let losses accumulate.
Avoid Ambiguous Trades: In short-term trading, if the situation is unclear, refrain from trading. Wait for clear opportunities.
Beware of Over 50% Gains: Avoid chasing tokens that have already surged over 50%. These are often traps.
Control Post-Surge FOMO: After a surge, resist the temptation to buy high. High volume can be deceptive.
Buy Low, Strategically: Purchase during weak markets and after pullbacks in strong markets. This strategy provides stability.
Confident Additions Only: Donāt add to positions unless youāre 90% sure. Build positions in batches at low points for stability.