Post
Topic
Board Trading Discussion
Re: My trading strategies
by
boyptc
on 15/05/2021, 18:16:36 UTC
What coins do you prefer?
Buy the coins that you believe in and have an understanding of before buying or trading them.

If your strategy is to listen and read others' thoughts about such coins and it's part of your strategy, don't always believe what others say. I've noticed the unstoppable suggestion of buying those hyped coins that are par with Dogecoin.

And that won't make a lot of millionaires instead, it will make a lot of cry because they've just overheard and listened to a stranger.
Collecting ideas and other's opinions gives us some insights into what we have to invest but along the way, it is in our hands to decide which one feels better. For a number of coins in the market and may were still coming, it could be pretty hard for us to decide if we don't do any research. That is why I encourage people to do this before making an investment and if we are new in this, better not to get rush but make have to please yourself listening around, and try to solicit some ideas from others.
It is very much recommended to do it before investing.

Because you're equipped with knowledge and idea if you're going to do it and you're not the same as the others that only invests with what they've heard without further information and research.

And that's a bad type of strategy in investing.