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The market of decentralized digital money can be full of pitfalls for newbies. The person, who steps into the world of crypto for the first time, will definitely wonder: where do I start? How to avoid losses? How to become a successful trader? But, one thing at a time.
❗️Don't be greedy or you'll wind up with nothing
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A very strong wish to continuously get more is the trader's worst enemy. It keeps you from buying or selling cryptocurrency at opportune moments. It's like someone's whispering in your ear that there will be an even lower/higher price soon, you just wait.
In practice, greed will only prevent you from success. It may be unrealistic to expect enormous profits from every transaction you conduct. Trading is small profits on an ongoing basis. Pursue the appropriate strategy, don't play the market. It is unpredictable and puts you at risk. If something unexpected happens, know what to do! In all that chaos, what a perfect chance to fix a profit and get away with it. Do it now, or it'll be too late. A small gain is better than a great loss.
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Don’t trust other people's buy/sell signals. The Internet is full of social networks that publish forecasts for cryptocurrency.
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Remember: the authors are not liable for trades based on these signals.
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