#Write2Earn #TrendingTopic THE NEXT BULL RUN
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.