An example of an elementary investment plan! My entry point for the $ALGO is about 0.18 cents!
I have allocated a certain amount that is comfortable for me to invest in this asset! I have marked my zone of interest and the zone of interest where I would like to start fixing this asset!
Yes, we were above 0.18 in March, but I did not fix the profit!
After all, at the moment I do not know whether the price will go further, as in the example of INJ or OM token! Therefore, I am following my plan!
The price dropped to 0.10 cents! At the moment, I have been at a loss of -45% for several months! I can get scared and fix the loss, I can buy more and make my entry point better, or do nothing! Which is what I did! That is, you either make a decision and take action or not! Which is also an action!
Now the price is 0.22, I am in profit! Will I fix the profit? No! Even if we roll back to my entry point and I miss the opportunity for local earnings! But at the moment I cannot know whether the price will correct or continue its upward path! Therefore, friends, the question here is not only in the charts, but in what you could
🟢 Invest an acceptable comfortable amount in each asset in your area of interest! The entry point will never be ideal!
🟢 You should not be tied to this money in time! That is, it should be money that you do not need for everyday life or that you urgently need in a month
🟢 You follow your plan that you wrote down on a piece of paper or phone! And when you reach the target, you exit the asset, what will happen next with the asset, even if it does another 1000% without you, should not interest you!
This way you will save time, nerves, menthal health, healthy sleep, relationships with loved ones, money! #ALGORAND