You don't notice several publications created by Robos for greater viewing... publications that don't make any sense Or do you manipulate the mass of people who believe everything they see? if you don't believe my words and because he already handles it too
If there's one lesson I've learned from past bull markets, it's this: take your profits. Sell your cryptocurrencies, it is always better to sell too early than too late. If it's too late, you'll regret it. If it's too early, you'll feel a sense of satisfaction that's well-earned. People lost a lot more money by selling too late than selling too early.
Implement progressive selling methods: set, for example, 5 sales levels and tell yourself that you are selling 20% at each level to take advantage of a big increase. Establish a discipline, it is absolutely necessary in crypto investing. Don't buy just to buy: the ultimate goal is to make money, so sometimes you have to take your winnings. Don't forget this, it's absolutely fundamental. This post reflects only my opinion.
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This post will be relatively technical, but it will teach you a lot and help you a lot to understand the market. Read carefully and re-read if everything is not clear in your mind
Many of you probably use “Limit” orders to buy or sell your cryptocurrencies. For those who don't know, “Limit” orders are orders that allow you to automatically buy or sell at a certain price. For example, if you want to sell 1 BTC for US$ 68,500, you place a limit sell order of US$ 68,500 and your BTC will be sold automatically when it reaches that price
But what you need to understand is that you should never place Limit orders on round numbers like US$ 70.000, US$ 75.000 or even US$ 75.500. When you do this, you are doing what a lot of people do, which is placing their orders at key psychological levels, and therefore at those levels there are a lot of people selling. This means that your order is drowning among thousands of other orders and therefore it takes a lot more money to fulfill it
For example: imagine there are 1,000 BTC for sale for US$ 70,000. This means that 1,000 BTC needs to be purchased from these people to fulfill all orders. However, 1,000 BTC, for many people: there is very little chance that there will be 1,000 BTC available to purchase at this level. Now imagine that you place your order for $ 69.999: this doesn't change anything for you, however, you won't be drowning among all the other orders and therefore you will have a much greater chance of your order being fulfilled
Obviously this works for all cryptocurrencies and any round number. Feel free to ask your questions in the comments if it's not clear enough. This post represents my personal opinion
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Unless you are among the 5% of profitable crypto traders who can buy and sell at the right time and in short periods, this post is perfectly tailored for you. You should not be affected by what the market does. If you have invested correctly, you should not worry about the daily market movements and should stop checking crypto influencers' reviews every day as they constantly change their tone. You need to stop doing this
A reasonable and balanced investment in crypto looks like this: you invested in various cryptos at certain prices. Once this is done, you have pre-set your sell orders at key levels that seem interesting to you, based on your own analysis, because remember, you will never have a better analysis than yours, simply because it resonates with you . Once you place your sell orders, you will have nothing else to do: you will no longer need to check the markets daily; checking BTC position every 3 days is more than enough. Furthermore, his behavior is extremely anxiety-inducing and will cause you to lose more money than anything else, believe me
I see a lot of people trying to buy one cryptocurrency by selling another, then they take a -60% hit on their wallet but they think everything is fine, they will compensate with another... and in the end, they managed to burn their account and continue doing this until they finally understand what I just explained to you. Save time and, most importantly, money by following my advice. I have nothing to gain from this; I'm saying this for your benefit
This post represents my personal opinion
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When investing and trading, a very difficult thing to do is accept your loss. I often read posts on Binance Square from people saying, "Hold this crypto!! It will bounce back!!! You'll see, it will go up again!!" Especially on shitcoins that have performed well recently ($SHIB, $FLOKI, etc.).
I know that many will insult me in the comments, but you need to hear the truth: stop listening to those who tell you to wait, they know absolutely nothing. They are trying to reassure you to reassure themselves, because they themselves are lost and have invested too much, too much, too late. These people lost money and got into cryptocurrencies like this following completely euphoric and stupid moves.
Thinking “Not sold, not lost” is a big mistake: if you know that one of your investments is bad and will continue to decrease in value, you should not keep it just because it is at a loss and, in principle, you do not sell it with prejudice. There are many other opportunities on the market, it is completely stupid not to take advantage of them by leaving your money in cryptocurrencies that will only decline for 6 months. It's like having an investment property that yields 10% per year, and you are offered another that yields 30% per year, but you refuse because you still have a loss on the other one. It's completely stupid and doesn't make sense: you deprive yourself of great opportunities and thus lose money.
So, accept that you made a bad decision, and stick to it until the end: don't listen to anyone who tells you to hold on to your crypto, if you believe that it no longer has potential or worse, that it will lose value in a short time. medium term, sale. Believe me, you will gain so much more even if you feel like you are lost at the moment. This post reflects only my opinion.
Here's something you won't hear often, but is absolutely necessary to know: you will make much more by selling your cryptos too early than too late. Don't be too greedy, it will make you lose
When you make a profit, don't try to make a lot of profit: learn to stop and learn to sell. I see a lot of people say, when they have a loss on an investment, “they didn’t sell it, they didn’t lose it!”. It's an extremely stupid phrase because it implies it will rise later when we don't know it, but more importantly it also applies in the other direction: not sold, not won
During the previous bull market, I met dozens of crypto millionaires who already saw themselves rebuilding their lives, moving to other countries, buying magnificent villas... and in the end, they got caught by the market and didn't sell in time: they lost several million dollars. euros in total and returned to their normal life by going to work every morning
It's difficult, but it's a return to reality. Your crypto earnings will not be guaranteed until you sell, and you should always keep in mind that the market can change at any time without ever returning to higher price levels. Some crypto fanatics in the comments will say no, that this will continue forever: don't listen to them, they are not sure about the direction of the market in the coming days. Neither they, nor I, nor anyone else know where the market will go
Therefore, consider paying yourself regularly by selling your cryptos at a profit: otherwise you risk losing a lot and falling into depression, believe me, this happens very often
Some, in several months' time, will think of my message and recognize themselves in it, and say that I was right and that they should have followed this advice. But it will be too late to, unfortunately
This post reflects only my opinion
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