Post
Topic
Board Speculation
Re: Need more more to invest on crypto.
by
bots1
on 26/08/2022, 09:27:48 UTC
On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
You can invest in crypto with small or large capital according to your financial capabilities. When the market is down you can buy with the money you have without waiting to collect more money.
As long you do stick with the main rule of investment then you should be fine. Invest on what you can afford to lose and dont be greedy and dont really make your emotions
control you because these are the things which make things more harder on where you would be experiencing losses on certain extent or level which might be the reason for you to
give up. Invest on something which you do seem that it does have potential, dont make yourself to be that impulsive or really able to easily get fomo'ed on what others
been saying or suggesting.Stick with your own analysis and enhance your knowledge and skills in the market on which it could really be that helpful or useful on your future
career and endeavours.
Right. I agree with you that in investing in crypto we should not be greedy and feel panic or emotional when facing market turmoil. It is necessary to calm down and be patient before making investment decisions. Because, if you are rash in making decisions, you can experience losses that are difficult to avoid.
yes greedy nature will make a bad impact on trading, definitely will not be consistent to get profit and of course it will be easy to lose,
and that's a fact, what happened to me, I used to trade with $100 capital and felt less, and I tried it by adding $500, and what happened?
yes! I ran out of capital because of trading.
Indeed greedy nature often makes a person lose without realizing it. In trading on cryptocurrencies, it is very important for a trader to be able to regulate emotions so that they can avoid fear and greed in taking steps in trading in the crypto market. In addition, a trader must also be able to do technical analysis so that he can know when to enter, buy and stop loss to avoid losses.
greedy will make mistakes and will make yourself a disaster, don't even think about getting 100x in investment,
we are in crypto currency, all news is very sensitive, and look what happens if someone buys bitcoin at the top price! yes! your profit is gone!
Generally, investors who are new to the crypto world usually have greed and high expectations so they want to make big profits quickly in a short period of time without having technical analysis skills so they often experience big losses. Whereas in trading cryptocurrencies multiplying large profits in a short time is very difficult and requires good skills in analyzing the market.