Many small investors have lost all their funds due to poor management of their cryptocurrencies, and that's why I'm here! I will give you 3 tips so that you know the basics of how the market works 💰
1. Bullish and bearish movements: There will be times when the main currencies fall slightly, this will cause the others too, since they regulate the market. If you have coins in your possession and their price drops, DO NOT SELL!! Hold them until the next bullish move. On the other hand, I do not recommend buying when the market is high.
2. Launchpools and new tokens. When new cryptocurrencies appear on the market, Binance announces them with a countdown. At the time of their launch, these coins attract all the attention and usually have a high number of movements as well as an increase in their price. If you are quick and buy a considerable amount and then sell them quickly, you can make a small amount of money very quickly.
3. Operate without emotions and be patient. Without a doubt the most important thing. Don't get frustrated if your moves don't turn out as you expected or could have turned out better in the long run. The important thing is to evaluate them in isolation and, above all, learn from them. On the other hand, do not panic and never sell below the price you bought. KEEP!!
I hope the article has been useful to you, soon I will make one on how to do STAKE to generate passive income from launchpools without having to do anything, a follow is appreciated 💚
