#timetobuy : Buying at the right time isnโt chasing the candle ๐
โWhen you buy a token or coin at the right time, youโre not simply โchasing the chart.โ Above all, itโs about observation, research, and truly understanding the project.
โIf youโre just starting out in the world of crypto assets, this is the strategy that has worked for me:
โ1๏ธโฃ Create a watchlist: Choose 10 projects, add them to your favorites, and keep an eye on them every day. Study everything about them: Whoโs behind the team? What problem does it solve? Is it sustainable over time? Find out whether it focuses on RWA, DeFi, AI, Layer 1, Layer 2, etc. This process will push you to research and gain a deeper understanding of all these key concepts.
โ2๏ธโฃ Take action with good judgment: Once you know your โgo-to coin,โ itโs time to invest. Even when no one is paying attention to it or itโs not trending, your instinctsโbacked by the knowledge youโve gainedโwill help you invest your capital and wait patiently.
โโ ๏ธ Essential first step: Know yourself.
Before moving on to step 2, ask yourself: What kind of trader am I? ๐ค
โPersonally, after several โmoney lossesโ (which I prefer to call investments in learning), I discovered that my profile is better suited to the SPOT market. Holding positions without leverage and selling at the right time works for me. It doesnโt matter if the market goes up or down in the short term: you stay calm and follow your plan.
โ๐ Disclaimer: Please always do your own research (DYOR). Iโm only sharing my personal experience; this is not financial advice.
$IOST