Don't think that currencies will rise forever. Those who were in the early days know that there will be several "deaths" along the way and the next one is not far away.
⭐There is no GPT chat here⭐
🚩 I have experience from those who also lost A LOT because they traded without knowledge, so:
I bring you some tips that beginners may take a while to learn:
👉 If you want long-term, look at 1-day, 1-week, 1-month charts. Especially using Candlestick charts or candle charts! There is a vast amount of content to analyze and it is less bad than it seems!
(I can send you good content from the internet, I don't charge anything, I don't want your money!)
👉 Don't believe people telling you to buy forever, the saying in the financial market is clear:
👉 "Sell in may, and go away."👈
👉 The $BTC Halving happens every 4 years, there are counters to track when it will happen.
"Ok, but when to buy?"
There is a pattern that is not always correct: Buy +/- 500 days before the Halving and sell at most 500 days after. BECAUSE IT WILL FALL.
👉 STUDY, not only candles, but the projects in which you think are worth investing.
👉 Pay attention to the news!! If they start saying that BTC is dead, it is down, this is the time.
👉 "Buy when the cannons sound and sell when the violins sound."
👉 DID IT GO DOWN? Be patient!! If you invest in solid currencies, wait. If the project does not exude confidence, it may never go up again and it is not worth the risk, move to better currencies.
👉 You will not be a "lettuce hand" if you know how to sell high and buy a little lower, you will only increase your amount of tokens, but leave it for when you understand the movements better.
However, things we should consider:
💥 MAYBE we will not have the same falls because cryptos are spreading like never before.
💥 On the other hand, we are in a delicate geopolitical moment where ANYTHING can happen!!!
💥 Invest responsibly and study!
What do I recommend?
🚩Short Term (Ownership on Monday): Doge, Pepe, TRX.