Post
Topic
Board Trading Discussion
Re: Im in cryptocurrency 6 months only but i will not risk like other newbies
by
BlackBoss_
on 16/06/2024, 03:20:15 UTC
I keep it Simple i trade only well known main coins btc eth and other main altcoins.
Don't buy altcoins because they are top altcoins

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Today i discovered solana was lower so i just bought it i keep it until i see my balance getting bigger then i sell it.
Solana can give you a great lesson on risk of altcoins. In 2021 and 2022 bear market, Solana lost most of its price from ATH and the come back of Solana is very magic and unbelievable. You will hardly be lucky like this with other altcoins, such chance to come back strongly like Solana is very small.

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If it's falling i'll buy some more one coin at the time Im not here to grow my coins amount but Im here to see my USDT balance getting bigger Smiley
Stable coins are altcoins and they are centralized. Your stable coins can be frozen even in your wallet. Be aware of this big risk.

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets