There’s a big difference between Trading Vs. Investing. The crypto markets do present opportunities for traders to capitalize with the price fluctuations but to be honest it’s a lot riskier and consumes more time/energy/money than as if you were just investing and BUYING/HOLDING coins using the basic tactics of trading to understand BUYING LOW.
Trying to trade and predict the markets can be profitable but it’s holding a lot of people back from making the most money with less risk, 99% of people that created wealth in the crypto markets did it buy buying and holding coins, storing them away and playing the waiting game patiently...
Don’t let Trading Crypto hold you back from making money in the Crypto markets... Just BUY LOW and HOLD. Follow influential people in the space and create your own decision on when to sell based on what you see, if you just store your crypto away and get your eyes off your exchange/wallet every day then you may be waaaay better off, and won’t make irrational decisions to sell too early.
Plus you don’t have to emotionally stress yourself out and take losses, the only way you take a loss is if you’re margin Trading using leverage...but if you’re holding coins and you’re down on the market... you ONLY lose when you SELL... you don’t blow your account..jpg)
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I sure have had my fair share of loss before learning to stay calm and patient in my investments.
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Cool. Patience is the key.
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