Post
Topic
Board Bitcoin Discussion
Merits 9 from 4 users
Re: Top mistakes of newbies in crypto
by
Franctoshi
on 23/09/2022, 14:25:57 UTC
⭐ Merited by The Pharmacist (3) ,vapourminer (2) ,Mate2237 (2) ,alastantiger (2)
propaganda online is huge. ridiculous price targets of a coin from fake influencers make them feel better about their investment. better not to listen to them and keep a own view of the market.
It's good for one to know his entry and exit point in the market, There is enough liquidity in the market and investing in any crypto project aside Bitcoin and Ethereum, you need to have a target for taking out some profits or existing the market , Most expecially your initial investment capital then you can ride the remaining. This has happened to me most of the time when I invested in some projects and at point I see the price double, triple or 5x in value but refused to take my initial capital out, but after those rise in the price of the coin, I saw that the price even came down below the price which I bought my coin, therefore the bottom line is take profit whenever you can because you can't gain it all.