Post
Topic
Board Altcoin Discussion
Re: How to manage losses?
by
TheUltraElite
on 02/09/2021, 06:58:59 UTC
Indeed, I've categorized them nowadays and you can't make it up once you don't encounter losses.
You will not/reduce encounter losses if you keep yourself focused on bitcoin and shun all altcoins. Just think of this: if the biggest share of your capital was into bitcoin bought at low price - how much unrealized profit would you be making?

Quote
Many times I tried to make myself sustainable but I failed because of my emotions, so I keep my profit optimum and I wasn't able to gain as much as the other traders who earned huge returns with their invested cryptocurrency.
I doubt any trader actually is able to make so much without showing proof. I suggest you to focus more on yourself rather than comparing with others a common mistake everyone commits. Instead of going for shitcoins, DeFi, NFT, you can use the hype created by them to get into more bitcoin. This can help you get more profits if you know when to enter into bitcoin.

In the long run, these hype machined projects do not have significance however they may try to speak of it. They are only trying to get the money out of your pocket.