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Know these 5 things before investing in Crypto Market!

okolak

how are you all Hope everyone is doing well, Today I will give 5 tips from my trading experience, If you are a new investor, then invest by knowing these 5 rules first. Because the Crypto Currency Market is very scary, you can profit here as fast as you can, but you can also lose big because of not investing in the right place. So let's see 5 examples-

  • (1). If you collect funds for crypto currency investment, never invest 100% of that fund in a single coin, beware of this mistake, try to invest 10-20% of your portfolio in a coin, because if you invest 1 coin If you invest the full amount, then if it goes down, you will lose the entire amount, and if you buy 10 coins with 100% fund of your portfolio, there is no risk because all the coins will never go down at once, but it is not that risky.

  • (2). If you are a new trader, then this is the first thing you need to learn about the timing of profit retention
  • Let's say you bought a coin and you got a huge profit from it, then you got greedy to hold it for more time, then all your losses, that coin turned into a huge down, and your profit turned into a loss.
  • So you have to drop both greed and regret at this point, you are a coin
  • Buy with Target and Sell with Target, if you pump big after selling, there is no compromise, Crypto currency market means pumping and dumping.

Image collect Pixabay

  • (3). Always learn to hold some stable coins like ALT Coin, always keep 10%-20% USDT in your portfolio, because we all know Crypto Currency Market is never in Stable or Green Mode, it crashes anytime, because the market is always news. By following, as soon as there is any bad news, it gets down instantly, if you have the Crash Market Hold Stable Coin, you can invest in the coins of your choice.

  • (4). Never do future trade, this future trade is called digital gambling, from this future trade you will profit for 7 days, and only lose 1 day, you will lose all your portfolio.
  • This Future Trade first when you go then the first time you win it will make you greedy then whenever you trade with big amount it is all over, this Future Trade will leave you Depression so try to avoid it as much as possible,


Image collect Pixabay

  • (5). If you like a coin, and you think you will hold this coin for a long time, or hold it for a specific time, then join the social media of the project that you will buy the coin, and also join the exchanges because we often see Gets, Delisting of various coins has huge negative impact on those coins,
  • That coin becomes a huge down immediately, then if we join their social media then we can know the advance news,
  • And always keep in mind whether the social platforms of the coins you will buy and hold are active
  • Analyzing what the projects are bringing forward,

I think these things should be kept in mind, remember one thing, even if you make a profit, you have to bear the entire profit and even if there is a loss, you have to bear the entire loss, so before investing in any coin, analyze and know about that coin.

This is the end of today, everyone stay well, stay healthy


0.000 SRY$0.00
Khmer Crypto

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