The Patient Tales of Crypto Trading || And also Research
Many who get into crypto during bull runs expect to get rich overnight. And a lucky handful of them actually do, but most don't. Most crash and burn when excepting to drive lambos and sip champagne in a few trades. Going that route is risky business. But the reality is that just like any other investment patience is key. First mistake would be to get in at a peak all time high price. Buying high is a surefire way to lose money. That means that even then a bit of patience waiting for a significant price drop is advised.
I've been in crypto for a little more than 4 years now, and I've slowly gone from impatient and making risky trades to calmly waiting for the right opportunities to make strong fundamental choices, usually gaining even more profit over a long term without all the risk and anxiety. So should you go in guns blazing when it comes to crypto? Well yes, but also no. It all depends on your style. It may work for you, but it also might not. Whatever you choose to do, the most powerful weapon you can have in your arsenal is knowledge, so always do you research. :)
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Cheers @bhattg ! How are things?
🍻 ,i am doing great what about you?
Besides the inconvenience of the "new normal", things are going pretty well.
Even here on Hive I seem to have more time to write now.
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That's great to hear i manage to be more active in hive, hive is my social media 😬🍻✌️🙏
View or trade
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.Indeed Patience and self control, the two virtues that makes one survive on the crypto space. Having the right information and proper research can also help in falling into certain situations
Especially that research part. ;)
!ENGAGE 15