This is why people fail to understand the crypto Market

in Project HOPE6 months ago

Crypto market is the market you will never understand if you are someone who is carried away by the upward or downward market movement. With that statement i mean to say that if you are a person who thinks that you have missed the best opportunity then you are not going to understand this market.

It will never give you gains endlessly, there is always a chance for you enter the market or exit the market. Thing is that you don't want to get familiar with anything but also want to enjoy every benefit of the market. Few simple rules will help you protect yourself in current market situation.

  1. Don't buy something that is going up extra ordinarily, if you want to buy then do it in portions.

  2. Don't sell everything, again do it in portions if you are not the long term holder.

  3. Ignore the market completely in case things don't look good to you, wait for the market to come down and then take your decisions.

Source

I think these three points are quite simple and i am saying this from my personal life experience, i think it will work for sure just try and follow it. Remember that this is not coming from any professional person but atleast this is something that has helped me in last few months.

I am a learner and despite spending 7 years here i still don't call myself a professional or pro player. I want to learn and have new experience everyday and that is why i feel like a student who is in the class trying to learn more and more of crypto.

Thank You

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