Know 5 things before investing in crypto market,

in hive-183397 •  11 days ago 

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Assalamu Alaikum

Hi, how are you all? Hope everyone is well? The market is in a very good condition, although the market has been down a little since yesterday, I don't think it's a down, because those of us who have been in the market for a long time know that the crypto market is used to terrible downs. I think the BullRun has not started completely yet, I hope the market will recover its losses very soon, and the market will always pump then down again and then pump, So we have to be patient. If we hold good quality coins, then of course our losses will be recovered, and if we don't choose good quality coins, Because there are many bad coins in the market. These coins will go down day after day. They will never recover their losses, so we have to choose good quality coins,
##1.

Don't trade your portfolio with all the dollars! Because you will make bigger losses while making profits! Always use 10%-20% of your portfolio in dollars in one currency! Coins crash most of the time, if you use the entire portfolio in dollars then all the dollars are lost!
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##2

It is better to stay away from Future Trade, you will profit for ten days and lose one day your entire fund will be gone, Future Trade is very risky so it is better to stay away from it,

##3

If you think you will become a big man by trading!
Leave this thought. Always take trading as a business! You can go very slowly! But if you invest huge dollars in trading with the hope of becoming a big man, then your portfolio will lose all the dollars.

##4

If you are new then first learn more about trading and get ideas then trade! Because you can profit from it but you cannot keep the profit!
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##5

Do an analysis before buying a currency! How to do it? First check the coin's own Twitter page to see if they are active, and if Binance exchange is listed, you must see if there is any bad news about this coin, such as delisting!
Sometimes without our knowledge, Binance delists some coins, which causes huge disasters!
And check the Unlocked Date, if the coin is unlocked, the coin can crash a lot, so check first!

The crypto market is a very risky market, so before investing, know and understand and then invest, because even if it is a profit, it is your loss, even if it is yours, so before investing here, know all the information and then invest,

Follow my five examples and then try to trade!
I hope you don't have to face huge losses!
So that was my post for today, see you with something new, everyone, be well!
Allah-Hafiz,

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