introduction:
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💠 Choosing the appropriate time to invest in digital currencies is one of the preventive measures to avoid the actual loss of money. There is a time that is only suitable for selling, and there are only appropriate times for buying. In this article, I will explain some of the procedures that please be followed at the moment of listing a particular currency immediately after the subscription.
Alerts:
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👈 1-Before you become a trader, learn how to manage risks.
👈 2- Try to control your feelings. Trading is done with the mind, not with emotions.
👈 3- Never buy a currency the moment it is listed.
👈4-Do not enter into a deal all at once.
👈 5- Approach the DCA strategy in your deals, to mitigate the repercussions of entering into buying deals incorrectly.
👈6-Always think the opposite of the herd mentality.
👈 7-Know that the goal of the subscribers is to sell, not buy, the currency offered for circulation after the subscription. This means that the moment the currency is listed is a time to sell, not buy.
👈8- FOMO is the hidden enemy of traders. You know that opportunities always exist, so there is no need to be afraid of missing the opportunity = FOMO.
👈9-Determine your goals: Are you a long-term speculator or investor?
💠 Finally, the digital currency market is fraught with risks, so it is wise not to trade with money you need.
