amanfromnowhere
--
#MarketCorrectionBuyOrHODL?
I saw many posts are about losing money or they just joined the space. so, let me tell a few tips so you might have a healthy trending.
1. DO NOT FOMO when the market is too green. if you see the market is going up very fast. DO NOT JUMP IN. they can dump anytime during the pump.
2. Always DYOR the coin that you want to invest. investing is not just about making profit. There are million of coins out here for you to explore. If you study it first, you will know its core. all good coins has their usecase.
3. Please DCA!!! this is very important! Do not all in your first invest. always manage your balace into 3-4 portions. The reason is when it’s down, you can manage your average price and you won’t be toxic when the market down. Also, you could make more profit when it rebounds.
4. Always BUY RED, SELL GREEN! This will go back to the first one. If you see red candle, do not be panic! that might be your chance to ape but be caution too. that’s why we need to know basic of reading candles too.
5. Remember “TAKING PROFIT IS ALWAYS BETTER THAN TAKING SCREENSHOT!”. However, I don’t recommend you to take it all out but try to take TP whenever you can. why ? This is also very important.
We all need rewards too, take a tp while you can will give you a good feeling and good mental. Seeing your profit in the air doesn’t help you rather than having them in cash.
Lastly, I hope this will help or guide you guys a little.
Happy Trading! #MarketCorrectionBuyOrHODL?
I saw many posts are about losing money or they just joined the space. so, let me tell a few tips so you might have a healthy trending.
1. DO NOT FOMO when the market is too green. if you see the market is going up very fast. DO NOT JUMP IN. they can dump anytime during the pump.
2. Always DYOR the coin that you want to invest. investing is not just about making profit. There are million of coins out here for you to explore. If you study it first, you will know its core. all good coins has their usecase.
3. Please DCA!!! this is very important! Do not all in your first invest. always manage your balace into 3-4 portions. The reason is when it’s down, you can manage your average price and you won’t be toxic when the market down. Also, you could make more profit when it rebounds.
4. Always BUY RED, SELL GREEN! This will go back to the first one. If you see red candle, do not be panic! that might be your chance to ape but be caution too. that’s why we need to know basic of reading candles too.
5. Remember “TAKING PROFIT IS ALWAYS BETTER THAN TAKING SCREENSHOT!”. However, I don’t recommend you to take it all out but try to take TP whenever you can. why ? This is also very important.
We all need rewards too, take a tp while you can will give you a good feeling and good mental. Seeing your profit in the air doesn’t help you rather than having them in cash.
Lastly, I hope this will help or guide you guys a little.
Happy Trading! #MarketCorrectionBuyOrHODL?
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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