READ BEFORE START TRADING!!
Sometimes I sit, think, and read forums like Square, and I just don’t get it – are you really that clueless?
150 articles about how a coin rises and falls. What should I do now? Hold or sell?
Stop focusing narrowly on a single coin. Most coins are directly tied to BTC and ETH fluctuations – probably around 95%. The remaining 5% are just miracles.
Many articles claim that all coins will soon “go to the moon” and the mystical “alt season” is just around the corner. I’ve been hearing these rumors for years, but nothing has happened. The only real movements are thanks to BTC and ETH.
When a new project launches, it’s logical that its price will initially drop. Why?
Early investors rush to sell and grab the “big slice of the pie.”
Then comes the second wave – people buy during the dip but later sell out of fear.
The result? You sell at a loss, while those who sold at the top buy back from you at a lower price. How to avoid this?
Don’t panic. If you already own the coin, just wait. Columbus didn’t discover America in a day, and the Egyptian pyramids weren’t built overnight either. These things take time.
By selling or closing positions at a loss, you contribute to a further drop in the coin’s value. However, if everyone collectively holds and avoids panic-selling, sooner or later, we’ll all benefit.
Choose wisely whom to follow, what to read, and whom to trust. Don’t believe in rumors about mystical miracles.
If you’re afraid to trade or invest, don’t rush into it. Start with a simulator, learn the trading process, and follow the news.
Don’t rely on people who just want to take your money. That’s a surefire way to lose.
What falls will eventually rise, and what rises will eventually fall. (Except for LUNC 😂)
Fear is your greatest enemy.
Never trade with your entire capital – only use 5-10%. Don’t let liquidity trap you!
Have a great day, everyone! May your wallets be full, your mind at peace, and your heart warm!
