At least 50% of the posts I see here are asking, "What should I do? I'm losing X amount."
I can't believe the number of people who get into this type of, can we call it a business?, and don't know how to act when their tokens are depreciating.
When you enter this type of business, the first thing is to conduct a study of your personal finances and know how much you are willing to risk. Once you have your financial risk margin, look at the different currency options, read the information on each one, select one or two, expand your study on them, their purpose, and assess if they have a future.
The future of these currencies can be short-term, medium-term, or long-term; for example, it took at least 10 years for
$BTC to get to where it is today. So, evaluate if the crypto you select is backed by a project or if there is already a reality supporting it.
If you make the investment, you have two options: you can leave it there, still, waiting, or you can watch the movement of the charts. If you see that the currency is depreciating a lot, you can wait calmly for time to pass or limit a loss that you consider "acceptable" and convert those tokens into another cryptocurrency that you have already studied and make the exchange to wait for the best.
Your profits will be proportional to your investment, meaning if you invest
#UnDolar , do not expect it to turn into 100, and don't expect that miracle to happen in a week. If you invest 100 dollars, you could have a profit of 10 dollars, so this way you will see a greater gain.
However, in this type of investment, study and patience are the keys so that with little money, you can have some profits.
This is not a
#Análisis of risk, nor is it advice on how to invest your money; it's just a comment I make from my background as a business administrator and marketer that has helped me conduct my own risk analyses.
Happy New Year 2025.