Quote from: mirakal on Today at 07:33:47 AM

Quote from: CageMabok on September 29, 2024, 01:36:55 PM

Quote from: shawonngp on September 16, 2024, 02:26:11 PM

Newbies chasing profits somehow because they want to rich at overnight even when they trying to trade against in market trend, newly meme coins sometimes increase highest as per as wif,shiba inu, pepe coins, so they are rush to invest in meme coins to increase their money 5x to 10x, but end of the day their mission will fail. Newbies should trade with big coins which will be safe always.

Beginners who prefer to choose meme coins to trade on the exchange rather than safer big coins sometimes also have obstacles through the capital they have. Because the price of safer big coins is clearly very different from meme coins, this has made beginners prefer coins that are cheap rather than more expensive ones. In fact, such a strategy will not always be effective for beginners who have just started trading, because apart from still needing time to learn to get used to choosing the best, they also still need to know which coins are better for them to trade in the long term.

I still remember when I used to trade cheap coins before, thinking that I could earn more when they hyped up. I thought buying in bulk would lead to huge profits, but it turned out to be just wishful thinking. Instead, I ended up losing money because only a few people wanted to buy them. So, I changed my style and focused on coins that aren’t just riding the hype train but are actively traded in the market. High trading volume is a solid indicator that a lot of people are using them, and that gives us a better shot at making a profit—especially if we know how to play the market right!

It will bring decent profits when the timing is right, a common statement from those traders who loves riding with the hypes, but along the way when you already suffering with loses, you'll jsut end up changing your strategy and start doing your DYOR, it's impotant to know what indicators that you'll be using for you to select right assets to invest your money.

More on how you take time studying the market movement to understand more about this venue of investment.