WLD, USUAL PENGU //// HOLD POSITION
Sadly I have seen people curse, treat NEIRO, PNUT, PENGU, etc. as the worst. People believe in this world, you only win, don't wear yourself out cursing and putting panic into your life, focus on the initial strategy, everything is part of the ecosystem, then it will go up. Here I leave my humble advice..👇👇👇👇
1. Avoid panic and don't sell impulsively
Drops are common in the crypto market. Before selling, analyze whether the fundamental reasons behind your investment are still valid.
2. Average cost (DCA)
If you believe in the project in the long term, consider buying small amounts regularly to average the cost of entry.
3. Diversification
Don't put all your capital in one asset. Diversify between different cryptocurrencies or even other markets (stocks, precious metals, etc.).
4. Set stop-loss levels
Define a price at which you will automatically sell to limit losses if the market continues to fall.
5. Avoid trading with leverage
In bear markets, leverage can significantly increase your losses.
6. Seek refuge in stablecoins
Convert part of your crypto assets to stablecoins like USDT or USDC to protect capital and wait for better entry points.
7. Invest only what you can afford to lose
If you have already invested more than you are comfortable losing, consider reducing your exposure.
8. Do technical and fundamental analysis
Identify key support and resistance levels. Also, analyze news and developments in the projects you invest in.
9. Stay informed and flexible
The market can change quickly. Follow the news, regulate your emotions and adjust your strategy according to the situation.
10. Think long-term
Bitcoin and other cryptocurrencies have gone through multiple cycles of declines and recoveries. Trust the technology, for the long term
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