HOW NOT TO LOSS OUR DIGITAL ASSETS PART ONE
This is a tutorial post and is more suitable for investors and we are not talking about short-term traders.
Friends, the crypto market is not like the Forex market and the stock market. You have to work hard to keep digital assets in this
market because it is a wild market. Do not compare this market with other markets because this market is very volatile and shallow.
There are big players in this market. In this market, fluctuations of 30% are normal.
The crypto market gives you Fiat money, but it takes away your digital assets, and if you do not manage your portfolio, you lose your bitcoins.If you measure your assets based on bitcoins, with the manipulations you do, with the BUY in top and sales in bottom, your bitcoins will be at least halved, maybe $ 5X profit, but in the end you see your BTC are halved and you no longer know what to do.
BTC never gives you the opportunity to buy in the right place. It breaks the support you are looking for or it does not reach you and leaves you and you can not buy it.Try to buy bitcoin by accumulation and distribution method, select the appropriate range to buy and enter in several steps, and do not wait for the top to sell and sell in several steps.
Technical and fundamental analysis are good, but the most important part of investing is capital management, portfolio management and emotion management.
Try to understand the nature of this market and be patient. Patience is very important in this market.
In the next post, I will provide you with a suitable portfolio management method. I hope it is useful for you
Friends, the crypto market is not like the Forex market and the stock market. You have to work hard to keep digital assets in this
market because it is a wild market. Do not compare this market with other markets because this market is very volatile and shallow.
There are big players in this market. In this market, fluctuations of 30% are normal.
The crypto market gives you Fiat money, but it takes away your digital assets, and if you do not manage your portfolio, you lose your bitcoins.If you measure your assets based on bitcoins, with the manipulations you do, with the BUY in top and sales in bottom, your bitcoins will be at least halved, maybe $ 5X profit, but in the end you see your BTC are halved and you no longer know what to do.
BTC never gives you the opportunity to buy in the right place. It breaks the support you are looking for or it does not reach you and leaves you and you can not buy it.Try to buy bitcoin by accumulation and distribution method, select the appropriate range to buy and enter in several steps, and do not wait for the top to sell and sell in several steps.
Technical and fundamental analysis are good, but the most important part of investing is capital management, portfolio management and emotion management.
Try to understand the nature of this market and be patient. Patience is very important in this market.
In the next post, I will provide you with a suitable portfolio management method. I hope it is useful for you
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.