How to avoid the loss trap and move towards success?
When you enter the cryptocurrency market, your purpose is nothing more than to make money. Unfortunately, I found that many people are using the worst methods to pursue returns in this market, and I can say with certainty that at least 80% of investors will lose money during this bull market.
I have observed too many people blindly investing in cryptocurrencies because of the reputation they have heard. They bought at the peak of the price, and then were surprised by their losses and left comments on my posts asking: "What should I do with my SHIB??" But remember, this is your own responsibility, don't always seek affirmation from others, but take the responsibility into your own hands.
If you choose this bad investment method, you should naturally be prepared for possible losses. But if you really lose money (this will happen to 99% of people), please don't complain under the posts that teach you how to really invest.
Now, let me tell you how to invest correctly.
The first step is to find cryptocurrencies that are rarely mentioned even though they are listed on Binance.
The second step is to check their charts and observe whether there has been a significant increase in the recent period (for example, +300%).
If there is such a significant increase, forget about this cryptocurrency. If not, then you can consider buying a reasonable portion of your portfolio (no more than 10% of your total assets).
Step 3: When the cryptocurrency reaches a 200% increase, set a sell order. For example, if you buy at $1, then when the price reaches $3, set a sell order.
After completing the above steps, all you need to do is wait. Waiting is actually very simple, isn't it? You don't need to do anything, just wait for the income to come. But I know that many people may not be able to do it, because they will pursue quick gains, and believe me, they will eventually lose. Follow these suggestions and your profit opportunities will be greatly increased, but the premise is that you must learn to be patient.
If you have been chasing ups and downs, often trapped, and have no latest news in the currency circle, friends who have no direction, follow me to check the top, I share the strategy layout with fans, just to increase fans!
