#BTC #ETH #etf #THESAYEDTRADER MY OPINION TO ALL OF YOU
🗣️ The 6 Most Important Things You Should Know in Order to Become a Crypto Millionaire
1-Prudently Utilize Leverage
I lost track of the number of times in 2021 that my futures trading accounts were liquidated due to huge leverage losses. Therefore, novices should stay away from leverage trading as it isn't essential for making money in the bitcoin market.
2-Applying the EMA to Help You Make Smart Choices
I learnt to utilize the exponential moving average (EMA) to make educated buying and selling choices after my bad experience in 2021. The 20-day and 200-day exponential moving averages are now always shown on my chart.
3-Gain Expertise in the Science and Art of Making Money
: Making Money
One of my earlier pieces highlighted how my 2021 gains were wiped out by greed. The tactics that the majority of institutional investors use to maximize returns are, nevertheless, ones that I have mastered.
4-During a bull market, pullbacks provide opportunities.
You need to be aware that the cryptocurrency market does not follow a straight line if you want to invest in it. The market still has sales even when the market is doing well.
5-Give Up Seeking 100x Returns
I made a few cryptocurrency investments in 2021 that returned ten to twenty times my initial investment. Unfortunately, I lost more money than I earned due to my avarice.
6-Contrast a Trading Portfolio with an Investment Portfolio
I followed the advice of short-term traders and handled my investing portfolio like a trading portfolio during the last crypto cycle.