🛑 The digital king of Binance, Bitcoin, has returned
$BTC and has risen high like the stars ⭐✨
🛑 Why is there fear and panic among some when Bitcoin and other currencies, especially those linked to it, drop??
🛑 The answer is from my personal preparation; read and you won't regret it again.
Everything has risen again; what you lack is here 👇 and you won't lose, read these points carefully, as the drop is a golden opportunity for those who understand.👇👇 The reason for your loss and fear of the drop is
1- Due to randomness, lack of planning, recklessness, and insufficient information about the risks and benefits of each type of trading, and most importantly, the lack of patience, leading you to sell at a loss during the drop; the correct approach is to strengthen your portfolio at the bottom and make it an opportunity 😊
2- Failing to seize the right opportunities for entering and exiting trades; some enter blind buying positions when prices are high, relying on luck for an increase, assuming prices won't drop. Here is where the disaster occurs.
3- Not gathering confirmed information about each targeted currency and monitoring it well before entering.
4- Listening to misleading news and exaggerated rumors about profits from that currency.
5- Not setting a stop-loss to secure the currencies.
6- Not understanding the risks of recklessness, excessive greed, and being content with reasonable secure profits.
7- Not diversifying trading across multiple currencies to avoid increasing losses and neglecting the knowledge aspect of learning that Binance has provided for free.
#CryptoIncome #Write2Earn #BinanceSquare #PassiveEarni