LIVE
Trisha Saha
--
HBAR is going strong - Don't mistake that for a price increase🔥🚀
$HBAR
HBAR is reacting exactly as I expected. That being said, the trend is downward. That doesn't mean that it's not tradable. It's been trading within the channel.
If you are new to crypto or are using this as an "investment," you need to understand that this coin will likely drop over the next month. Yes, there's a lot of hype about the project and yes there is reason to believe that the overall price will appreciate over time. However, you need to know that there will be drops. If you're not trading, either hold and don't sell, or buy more to Dollar Cost Average DCA . It's only a loss when you sell it for lower than you bought it.
With this in mind. People want the price to drop. This is December. It's the last month to register losses for tax purposes. After Christmas can be turbulent as people sell to lock in losses. Myself, I've sold at 11:30 pm on New Years Eve, only to buy back in again.
Finally, there is no real reason to expect this coin to immediately shoot up. Most Institutional buyers are not going to dump massive amounts into an unregulated market. If you're buying right now, you're early to the party. That's not a bad thing. Just be disciplined enough to know.
I budget a couple hundred bucks a month and buy more and more. When it goes up, it pays off in dividends. Recently, I statrted "trading" the market. That is I've been buying low and selling high.
My education was very expensive. I lost a lot of money over the years. I was here buying Etherium at $50 and BNB at $7. If I'd followed the advice that I just shared, I wouldn't be working a normal job anymore.
Good luck, stay steady and realize that you will make money if you beleive in the project.
HBAR is reacting exactly as I expected. That being said, the trend is downward. That doesn't mean that it's not tradable. It's been trading within the channel.
If you are new to crypto or are using this as an "investment," you need to understand that this coin will likely drop over the next month. Yes, there's a lot of hype about the project and yes there is reason to believe that the overall price will appreciate over time. However, you need to know that there will be drops. If you're not trading, either hold and don't sell, or buy more to Dollar Cost Average DCA . It's only a loss when you sell it for lower than you bought it.
With this in mind. People want the price to drop. This is December. It's the last month to register losses for tax purposes. After Christmas can be turbulent as people sell to lock in losses. Myself, I've sold at 11:30 pm on New Years Eve, only to buy back in again.
Finally, there is no real reason to expect this coin to immediately shoot up. Most Institutional buyers are not going to dump massive amounts into an unregulated market. If you're buying right now, you're early to the party. That's not a bad thing. Just be disciplined enough to know.
I budget a couple hundred bucks a month and buy more and more. When it goes up, it pays off in dividends. Recently, I statrted "trading" the market. That is I've been buying low and selling high.
My education was very expensive. I lost a lot of money over the years. I was here buying Etherium at $50 and BNB at $7. If I'd followed the advice that I just shared, I wouldn't be working a normal job anymore.
Good luck, stay steady and realize that you will make money if you beleive in the project.
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
141
0
Respuestas 0