Beginner mistakes which everyone does and feels bad later.
I had invested 40,000 in $SHIB and the prices went to ₹2,18,000 in the last bull run and instead of taking profits I invested more $5,500 USD by going for loan and then the prices went 👎👇👎 down.
Two mistakes which I have done
1. Investing more at a time when prices are high,
2. Not taking my initial profits.
Realize Gains:
Avoid being in the situation where you could have achieved significant wealth if only you had sold when the price was high.
For instance, if you invested $700 in a stock and its value rose to $7000, those gains remain unrealized until you decide to sell the stock and convert the profits into cash.
Additionally, it's important to consider setting a target for profit-taking, such as selling a portion of the gain made. #Write2Earn #Winningwithcrypto #goal
If you're keen on making a daily profit of $15 with cryptocurrencies, this guide presents effective strategies suitable for both beginners and seasoned traders on Binance. Let's explore some tried-and-tested methods.
Get Crypto Here
1. Staking and Earning Interest:
Secure your crypto and stable coins on Binance. Lock in funds for a set period to effortlessly accrue interest.
- Leverage Binance's staking options, which provide around 5% per year.
2. Engaging in Airdrops and Giveaways:
Participate in airdrops where companies distribute free crypto on Binance for various services or promotions.
- Explore daily NFT and crypto giveaways on platforms like Binance Square Feed.
- Consider NFT flipping, involving the buying and selling of NFTs for profit, particularly on platforms like Solana.