I had bought XRP at 0.40 cents and had a good position. After listening to a certain influencer, I sold everything and bought BTC. Today, if I had held on to my XRP position, I would have 3x the amount I invested. What I have learned in these few months in the crypto market was:
- Do your own research on the assets you want to buy and don't listen to others too much.
- Hold your positions and always think long term. If there is one thing I have learned, it is that the crypto market usually rewards those who are patient.
- Several times I lost money selling my cryptos when they were falling, to try to secure the profit I already had, and the next day they were rising again. Then I would go and buy. Therefore, NEVER SELL AT THE LOWEST!
- If you have little money, look for cheaper assets to invest in!
