Golden rules some noobs need to hear.
1./dips are healthy for any market, especially cryptocurrency. If prices kept going up, the market would be unsustainable and crash extremely hard.
2. During a correction, dollar cost averaging is your best friend. If you threw all your money in at once, you messed up. Having extra capital to buy any dip or correction increases your portfolio position. This is how people end up owning large quantities of coins with a solid average buy-in price. Invest small sums as it goes down, just as before, do not throw it all in at once on the way down.
3. This one is obvious but some people still don’t understand: DO NOT INVEST MORE MONEY THAN YOU ARE WILLING TO LOSE. Period.
4. If you have a 20%~500% gain on an investment and it falls 5%~50%... pound your chest like Matthew McConaughey in The Wolf of Wallstreet and s-uck it up buttercup, you’re probably still winning. #HotTrends #BTC #TradeSuccess #SHIBA🔥 #BOME $BTC $ETH $SOL
