Why did the market fall? Germany did not sell all its Bitcoin. So what's the landing? My dears, all of this is due to the bankrupt Matt Gox platform, which is trying to return the money of its depositors in the form of Bitcoin, which it sends to the Kraken platform for distribution. From here, the momentum for selling increases, and a decline occurs, and some of them will not sell, while they are forty thousand Bitcoins. This will pass as it did once before, and I mean Germany, and the market will rise again again. Other
Pay attention when you want to be a long-term investor!! One of the many reasons why I am a quick investor and a profit hunter, even if it is a small one, is that there is no guarantee that currencies will last in the long term. You can see some currencies that the platform or other platforms remove, whether due to lack of activity or trading volume, which causes a huge loss of your money (without compensation). Be careful where you put your money!! Remember to follow up In addition to the reward, I thank you 🥰
A bear trap is a false technical indication of a reversal from an upward trend to a downward trend. Traders who believe the trend is shifting to bearish may sell their positions or open new short positions in anticipation of falling prices. However, when the price fails to decline further and instead reverses upward, those who were caught in the bear trap may experience losses as they cover their positions, often at higher prices.
🚨🚨🚨🚨 8 Critical Mistakes New Crypto Investors Make – Are You Making These? 🚨🚨🚨🚨
Avoid these common pitfalls that can hinder your success in cryptocurrency investing:
1. Insufficient Research: Jumping into the market without a solid grasp of the technology, projects, or current trends. 2. Succumbing to FOMO: Making hasty buying decisions driven by hype or fear of missing out on potential profits. 3. Neglecting Risk Management: Investing more than you can afford to lose and failing to set stop-loss orders. 4. Overtrading: Engaging in excessive trading, which leads to high transaction fees and potential losses. 5. Following the Herd: Taking advice from social media or forums without conducting your own research. 6. Ignoring Security: Not using secure wallets, neglecting two-factor authentication, or failing to protect private keys, risking hacks or fund loss. 7. Emotional Trading: Letting emotions dictate trading decisions, such as panic selling during a dip or holding on too long during a peak. 8. Chasing Past Performance: Investing in a cryptocurrency solely based on its past success, without assessing its current and future potential.
🚨⚠️ URGENT: The #1 Crypto Strategy You Need to Know! ⚠️🚨
SELL YOUR CRYPTOS EARLY: A CRUCIAL STRATEGY
Most people miss out on this vital advice: it's often better to sell your cryptocurrencies early than to hold on too long and watch potential gains slip away.
Here's why:
1. Avoid Greed's Trap: Greed can lead to losses. When you're in profit, resist the temptation to hold out for every last bit. Know when to stop and sell.
2. Debunk the "Not Sold, Not Lost" Myth: Holding onto a losing investment in the hope of a rebound is risky. Don't miss out on gains by not selling.
3. Learn from Past Mistakes: During the last bull market, many dreamed of lavish lifestyles but lost millions by holding on too long. Don't make the same mistake.
4. Realize Your Gains: Your crypto gains are only real once you've sold. Markets can turn suddenly, and previous highs may never return.
5. Regular Profit-Taking: Consider selling regularly to lock in profits. Failing to do so can lead to significant losses and emotional distress.
Ignore the hype of perpetual growth. No one can predict the market reliably. Take profits, avoid the pain of missed opportunities, and secure your financial future.
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Fear is normal when your portfolio drops by 30% in 3 months or gets liquidated quickly. As a crypto investor since 2016, here’s my advice:
HOLD ON: Don't sell when the market is down. You only lose money if you sell at a loss. The market will bounce back. IGNORE THE CROWD: Don’t rely on "expert" opinions. No one can predict the market accurately. The market won't stay down forever. Be patient and control your emotions. Not everyone wins, but strong-minded individuals have a better chance. Take profits when the market is up to prepare for downturns.