Welcome back,
Everyone reading this blog is probably not a trader but atleast part of blockchain industry. If you are doing anything related to blockchain you are in the industry already.
When you become a part of this industry you should start your journey towards crypto currencies. You don't need to be a trader but a planner if you want to deal with crypto currencies.
Here is what you should start doing if you don't feel like a trader but still wants to be a happy person in next bull run.
Create Portfolio
Start buying coins that have good potential in them. To know which are good potential coins, study the previous bull market and choose some coins from them.
Buy small amount of crypto and buy only with that amount you can afford to lose. Just remember this is the blog for those who are new to this industry.
Write every detail in your portfolio, you can easily maintain your portfolio on varieties of applications. Try coingecko in case you are new as that will help you with price monitoring as well as portfolio management at the same time.
The second best way is to play safe that is to choose most trusted coins like bitcoin, eth, ltc, bnb, etc and put your money in them. When Bull run arrives you will make profit for sure.
Be a Holder
Never panic specially if you are new and you have taken the right coins. If you will panic and sell your coins then you will lose your money and end up taking the loss.
So make yourself a holder and again this is for those who are new to the crypto market. For those who are traders we know how to handle things and we often sell at lower prices with strategies of our own.
Conclusion
I want a feedback whether people would like to see blogs like this or not. I shared this blog with the intention of awaring new people in the world of crypto currencies.
So we learnt that we must maintain portfolio and also not lose our patience. Be a holder if you trust yourself with the coins you have in your portfolio.
Thank you and happy trading everyone.