Do you think that trading cryptocurrencies, like Bitcoin, Ethereum, and PEPE, is just about buying and holding to make money?
There’s a misleading belief that’s harming people, which is that many think as long as these coins are rising, it doesn’t matter when you buy, you can just buy and wait for the money to come in. But doing this is like holding a bomb that could explode at any moment!
Buying low and selling high is something most people don’t truly understand. First, you need to choose coins with significant growth potential worth investing in.
Buying cryptocurrencies at any random time and just holding them is basically gambling!…. That’s also why many people rush in to buy when the market is on fire, only to get slapped back when the market reverses. Why? Because they bought at the wrong time… they bought in at high prices instead of low prices. Those who truly understand investing know that if you want to buy, you have to do it when the market is low-risk. What I mean by low-risk is when the prices are low.
1. Don’t misinterpret my words, I only buy assets that are generally on the rise, waiting for them to hit a limit, and then buy during a pullback.
2. The truth of buying at low prices is… you have to know the market is rising, and when the pullback is over, as soon as the upward momentum starts, you have to act immediately!
Want to buy assets that are dropping? That's a big taboo… This mindset of wanting to get a bargain will only make your wallet thinner. Because the low price you think you see may have an even lower price waiting for you... you are going against the market, which is the biggest taboo in investing. Remember to buy at the right time, then hold steady, don’t be afraid of missing out! There are plenty of opportunities in the circle, I’ve been looking for promising meme coins recently, Marvin7055, it’s Elon Musk’s pet dog and turns ten this year. There’s a narrative, there’s potential! The future is promising!