for once I agree with one nuance: remember to put a stop loss 😜
Mindy Doran
Jan 3
The price of cryptocurrencies has generally risen for several hours, but you didn't take advantage of this increase? 1st possible reason: while the prices were rising, you thought it was too late to buy and that your purchase risked turning into a loss. You missed out. 2nd possible reason: you bought but right after your purchase, a drop occurred. Panicked, you sold and the price started to rise again. You missed out. 3rd possible reason: after a small gain of 1 or 2%, you sold too early because you could have taken at least 10%. You didn't take advantage of the increase as a whole, but just a small part.
What can you do to avoid this? For the 1st reason, there's not much to do. If you look carefully, you will surely find a crypto that hasn't risen too much yet and that you will still be able to buy. Once your purchase is made, and if you are sure you made a good choice, close the Binance app and wait a few hours before going back to see. You will have a good or bad surprise but you will not have been tempted to sell too early. Move on for a few hours. Let time do its thing.
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