After the gloomy days of the BTC in 2018. Some of my friends have left the market because of losses. When entering the market, people need to take risks. From my friends, I think some of the following will benefit you living in this market:
Psychological control
Questions you should ask
You buy hold coin or you transaction?
These are the two most commonly used methods. However, buying and keeping a coin is the method that suits most people. This is a very simple, fast way of making good money in the top 20, like litecoin, bitcoin, ethereum. Ripple, store somewhere, do not read the news, do not worry about the transaction or the predictions the coin will die of the media. After a few years, they pulled out and sold.
In case you want to trade, the story is quite different, you need to buy on sale. And very simple rules, buy low sell high. As you know it is easier said than done.
Do you have money to invest?
If you do not have a lot of money, start with a small amount of money. Do not use debit card, plug the house. Plug the money into the market. The more likely you will be burnt bags. Only invest the money you have lost.
Alright , but still even if in both of the cases we are in negative phase then still we can't leave this easily Because we are restricted to work here , Because already we lost much time and money to get success in this field and now we are not able to do work in another field easily .
Lots of stretegy and ideas are there to work here that can give better profit easily , but people only goes with the hype panic in mind .
Yes many people now especially to those who invest on bitcoin last year are getting mad and they feel so lonely because of their loses but the other thing we can do now if we have bitcoin or others altcoin are wait that the market goes up again.