Post
Topic
Board Altcoin Discussion
Re: My crypto lessons in 2021
by
tsaroz
on 24/12/2021, 15:07:53 UTC
2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly

3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt

Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe


Nearly spoke my heart. And if you are investing in an established or promising coin, don't sell for loss. Price fluctuations are wild, don't have a small stop loss. And don't sell all of it at once when you are in profit. Diversification is still the key. And it's generally beneficial to keep holding than hopping around different coins. Even if you are 100% sure about something, don't go all in. DEFI are nice but don't put all your money there. They might earn you good but they can go down pretty sharply.