đ€ Why do I always lose money when buying and selling coins? I buy, and the price drops; I sell, and it goes up! Keep reading, and I'll explain what you need to know! $BTC $SOL
$DOGE #
This is a common and frustrating issue for many investors. Let's break down the reasons behind it and, more importantly, how to avoid these losses.
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**Why does this happen?**
1. **Emotional decisions:**
Buying during market highs due to FOMO (fear of missing out) and selling in panic during price drops are frequent mistakes.
Example: You buy DOGE when it jumps from $0.36 to $0.40, only for it to fall back to $0.35 soon after.
2. **Lack of planning:**
Entering the market without a clear strategy makes you vulnerable to price swings.
3. **Whale movements:**
Big investors can manipulate the market, creating false highs or lows to mislead smaller traders.
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**How to avoid this?**
1. **Have a clear plan:**
Set your entry price, target profit, and limit for losses.
Example: Buy BTC at $104,000, aim for $107,000, and consider exiting if it drops to $102,000.
2. **Avoid impulse trading:**
Quick price changes usually correct. Wait for the right time to enter.
3. **Use simple indicators:**
- **Moving averages (MA):** Buy near the 25 MM or 99 MM.
- **RSI:** Buy when itâs below 30 and sell when itâs above 70.
4. **Buy gradually:**
Distribute your investment to take advantage of price drops.
Example: With $1,000, buy $500 now and the rest if the price drops to $0.34.
5. **Avoid the hype:**
Don't buy just because others are buying. Always analyze the situation first.
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**Final tip:**
The market moves in cycles. Keep your emotions in check, trade strategically, and practice patience. This approach leads to safer and more profitable decisions.
#VeThorOnBinance #BTCNextATH? #CryptoSurge2025 #Andersonrey