Post
Topic
Board Altcoin Discussion
Re: Faith..
by
neonshium
on 26/03/2018, 11:15:52 UTC
Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
Well, surely you are not the first one to make such mistake. All new traders and investors usually make the same mistake of panic selling their investments just because market crashes a bit. Always remember some basic rules of crypto market :
1.   Only invest amount you can afford to lose.
2.   Never sell in lose no matter how much market crashes.
3.   Buy low and sell high.
4.   Hold your coins until you see gains because you are never really in loss until you sell your holdings.
5.   Buy when other people are selling and sell when other people are buying.
6.   Always keep patience while trading and investing in crypto market.