šŸ”“Advice to people with small amounts 🤚Most say that when you buy the currency goes down and when you sell it goes up—and most lose their money this way. So I’ll give you a secret from the secrets of trading that I discovered during the trading period:
It’s that the ā€œtrap of going upā€ drags the trader into buying, believing the currency will rise even more. Then when you buy after a few minutes, the currency drops.
This is normal because the measurement you relied on when you made the buy—and the thought you had when you bought—applies to thousands of other traders who also bought. When they buy, supply increases and demand decreases, so the currency falls.
šŸ‘ˆSo my advice:
āœ…1_ Don’t buy when you see that the coin is rising
āœ…2_ Don’t put all your money into one coin
āœ…3_ Make sure to verify the coin before buying it
āœ…4_ Don’t sell when the price drops no matter what it costs you—because it’s supply and demand the way it drops today, it will rise tomorrow
āœ…5_ Know that you’re in it to make profit, not loss. Most people see another coin rising and sell the first coin at a loss to chase the second coin—and they fall into the same trap again. Never sell at all.
āœ…6_ Buy when you see the markets are falling
āœ…7_ Don’t sell for less than a profit at all
āœ…8_ If you have a small amount, don’t enter with coins whose price is over 1 dollar. Enter with coins whose prices are low—you’ll still make gains.
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