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RE: Steemit Crypto Academy Contest / S3W2 – My Experience Investing in the Crypto Market by @lebey1

in SteemitCryptoAcademy2 years ago

The most painful as of now was that I held my CAKE coin even though the coin clocked $47 per one. As of then, I had over 40 CAKE, but I was naïve, waiting for the coin to clock 100$ before I cashed out.

Ei CAkE hit $47 and you weee hold 40 tokens and didn’t sell waiting to hit $100. Greediness to the next level my man, now CAKE is worth below $4 dollars. I’m sure it will be a regrettable moment in your experience in crypto.

Hence the reason why the value is low. Since my private wallet (Trust wallet) was hacked,

Ooh I’m so sorry man, how did it happens. It’s only pax flu that I know people complain about hacking. I never new they could hack through personal wallets.

To gain much more in this market, buying when low and selling when high makes more sense,

Trading in a volatile market is very interesting, when assets price drop we buy and sell when the price goes up. We have to appreciate the little profit here and not be greedy.

Your advice to newbies are very comprehensive, focused on your own research, diversify your capital.

Great work and good..!!

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