My sincere advice to new cryptocurrency traders (from hard lessons over 3 years)
If you are a beginner in the world of cryptocurrencies💰, read this twice; it may save you thousands of dollars💰.
⬅️Don’t follow the assets that achieve the highest gains thoughtlessly.
This is like jumping on a train🚇 without knowing its next stop ⛽. It may seem fast and exciting, but most of the time? You’ll find yourself jumping on the train🚊 moments before an accident.
⬅️The bitter truth is that 86% of the cryptocurrencies that achieve the highest gains drop significantly the next day. And when that happens, new traders face heavy losses. You don’t want to be the last person holding the coin after it has dropped.
⬅️So what should you do instead?🤔
🙏 Avoid entering into long-term trades on controversial coins.
🧐Look for selling opportunities; this is where the true edge of smart traders lies.
😲 When everyone is buying coins out of fear of missing out, smart traders are ready to sell the coin when it drops.
⬅️This advice comes from 3 years of trading experience where the same pattern consistently repeats. Don’t let yourself be driven by emotions🤗; trade with your mind🤔, not your heart♥️.
☑️If you found this advice helpful, feel free to like👍 it and follow my account for more sincere tips on trading cryptocurrencies.
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