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🤔Which category are you? Investor or Trader There are 2 types of player in crypto industry, one is a trader and one is investor. Traders are people who make gains by positioning a short buy and taking profit, repeating this process until gaining a huge profit. Meanwhile investors are those who buy assets in any amount wether its high or low and maintaining its position for longer run which may take years until bearing fruit. They are just like farmers waiting for the right time to harvest. But remember that its not always a good harvest even for farmers who have waited for so many days. Same with crypto investors, don't always make assumptions that your asset will go up in time, there is no telling when it will go down and wont recover same as a farmer who got ruined their harvest by pest or drought. This post is only my personal opinion. You should always be responsible with your money and never ever forget to MAKE YOUR OWN RESEARCH (MYOR). If this post helps, dont forget to like and follow for more valuable tips. #Write2Earn
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🙄#FOMO - Means Fear Of Missing Out. New investors always have this fear of missing out on the perfect time for investing crypto assests. This week's market tested their patience and emotion with a roller coster of prices making huge blow on their portfolio. Always follow the 3 rules Stop, Look, Listen. Stop making losses by buying assets when the price is green. Look for the right opportunity to buy crypto which is during the bull run of market, which today is still happening. Lastly, Listen to your heart, "is this the peak of the bull?" if you think you're now prepared to take the risk, then invest your money but always be vigilant. Always retrieve your money on short gains. if you are satisfied with a small profit, you are in good place even in today's market. Leave a long position next week or next month when the halving is nigh because for sure price within this week will still fall further. This post is only my personal opinion. You should always be responsible with your assets. always review before putting a position to avoid losses. If this helps you, dont forget to like and follow for more valuable tips. #Write2Earn
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📢📢📢 PLEASE READ CAREFULLY. THIS IS JUST MY SUGGESTIONS TO NEW TRADERS RIGHT NOW. PLEASE DONT BUY CRYPTO WHEN THE MARKET IS GREEN. ALWAYS WAIT FOR THE RIGHT TIME TO BUY ASSETS. TODAY'S MARKET IS A GOOD SIGN OF BULK BUYING OF ASSETS BUT THEN YOU STILL HAVE TO BE PATIENT UNTIL PRICE REACH THE FINAL STAGE OF BULL. NEXT WEEK WILL BE THE BEST TIME TO INVEST SINCE IT WILL BE THE PEAK OF BULL AND THE GREEN LIGHT WILL LIT. NOW JUST BE CALM AND PATIENT AND HOLD YOUR USDT's. "Its always good to fishing when the waves calm". This is only my opinion. You will always be responsible of your assets and dont forget to always study the asset before diving into buying. If this helps you please dont forget to like and follow for more valuable tips. #Write2Earn
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The ups and downs of the crypto prices as of recent only benefits the large institutions who holds the most deposit of cryptos. they make gains by making the price higher for a short period and after new investors decided to put their money on this crypto and thats the time this big whale will liquidate some making the price drop which causes for small investors to be shaken and decide to sell their newly owned cryptos in negative sign (which means loss). after sometime, the price again will gain traction attracting small investors to re-buy again thinking that this time it will increase for a longer period of time. and same process will happen. after huge buy from small investor, big whale will sell another portion to make money, causing another huge blow for small investors. it will happen over and over until you lose all your funds. morale: Don't sell your crypto even in bearish market. Hold it tight even for years. total loss is only evident if you sell your crypto over sudden price drops. As they say, crypto is only for people with patience. Ofcourse, this post is only my personal opinion. Any losses on your assets will not be any of my responsibility. Always study and review on your own. be wise and practical because crypto is a volatile investment.
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