There is a conjunctural problem. The population has lost the ability to engage in deep reading. So it remains for creators to propagate catchphrases. You made an important post, however long.
Thernos
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The reason for Spot trading is to avoid losses, and there's a saying that says, "Hold it will come back" Be disciplined ", " Don't sell at a loss," "Stick to your dipping token don't jump from it to another one rising"Really?😟😟😣
To be sincere all that advice above is right but not perfectly correct at times. 1 year ago, I followed the advice of 'Never sell at a loss since you're trading in spot as advised by Square creators pros.
I bought #BOME for 300usdt at a price of 0.0095,all tokens were in an uptrend and meme coins were doing perfect💯✨.
Immediately after my entry, it began dipping just before my eyes and I kept on staring with hope of it coming back(be disciplined) , don't take losses, they say, it dipped to 0.006 after some days and I bought the dip worth 200usdt.
It rose to 0.007 and I got excited, never sold any portion, I kept discipline and patience,waiting for it to give me profits at maybe 0.00087 and I sell. IT NEVER 🙅🙅
From there the rest is history📜📜, BOME has been dipping and of today it's on 0.0015,My investment has decreased to this value now 👇👇👇👇👇👇👇👇👇👇👇👇
✍✍WHAT AM I TRYING TO SAY🗣🗣
1.PATIENCE and DISCIPLINE is the key but to which TOKENS?? the tokens bought matter, I wish I knew and I invested in the top 5 tokens, BTC, ETH, SOL, XRP and ADA. Perhaps i wouldn't be in this kind of losses.
2.For MEME coins,DAY TRADING Is the best strategy, but not holding, I didn't know by then, I wish I sold at a minimal loss.
3.CUT THE LOSSES, ONCE YOU DISCOVER that you bought the wrong tokens that keep on dipping, swallow the losses and revise your choice of tokens. Some tokens have no future.
$XRP
$SOL
$BTC
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