Lessons to learn from Crypto #8

in cryptocurrency •  7 years ago 

Trading can be fun or a Mess even if you are new the luck may be in your favour but don't do anything when everyone see it as an opportunity to gain quick profits out of now where

Lesson No $8

Don't invest in the Hype by seeing the Percentage increase you can get in loss in few moments after that.

Crypto is at the bottom currently but who knows there might be a big dip or a new high but for the coin you have invested don't reach that point again for months like it has happened with many of us who bought in december at the top high peaks and it can let you get stuck with you money at the top.

So don't go blindly follow and see the pattern and avoid peaks and then invest otherwise you got to HODL hahah the last technique to survive : )

Just a basic tip even you would have know that happy trading and have fun :D

Another Bull run coming sooon :D

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This is a nice thought you shared, really love it and it's going to be beneficial to all that take time to read the post

HODL is of course a crypto generated term, which just means saving. In this market for many it also means not trading what you have... which is prudent for most that do not know (really know) how to trade well (myself included).

However rich people, do not get rich saving.... the get rich from investing... which means they keep accruing investments, be it from profits of other investment or by constantly adding new funding.

I have traded (both well and not so well) so I mostly accrue from HODLing and New Fund allocation.

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