I would like to share what I learned in the past days!
First of all, I am no influencer, I don’t have one million dollars, I am just a regular guy who struggles to navigate as best as possible in a sea full of whales!
Rule 1
Always read as much as possible about a coin, before investing (preferably from at least 2-3 sources)
Rule 2
Look at the coin’s graph and try to figure out if it’s a good time to invest, or not. Look for patterns of lower spikes, upper spikes and compare them with the current value. If the current value is closer to the average upper spike, then DON’T invest!
Rule 3
If you decided to invest, based on what you read before, choose the right amount. Don’t invest too much if the coin doesn’t seem to have potential. Pay attention especially to MEME coins
Rule 4
DON’T BE GREEDY!! Once you invested, don’t wait for the higher spike in order to sell everything. Instead, try selling smaller amounts, as the coin value increases ( go with the flow )
Rule 5
If the coin value dropped below the value you bought, DON’T PANIC AND SELL. It will result in a loss rather than winning something
I applied those rules today on $ENA . I invested 49$ and managed to win another 59$. I know I could have won more by selling everything close to upper spike. Instead I decided to sell smaller amounts, until close to highest value of today. I minimized the risks as much as possible.
This was my experience I wanted to share with you Never forget, Do Your Own Research, and don’t be afraid of losing. You cannot win anything without risks