$WCT hold or sell? | Luvenia Desisto on Binance Square

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$WCT   hold or sell?

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Self-control To control yourself in crypto trading, set clear goals and stick to a strategy. Avoid impulsive decisions by creating a trading plan with defined entry and exit points. Use stop-loss and take-profit orders to manage risk. Never invest more than you can afford to lose. Stay updated on market news but avoid emotional reactions to hype or fear. Take breaks to prevent burnout and overtrading. Keep a trading journal to learn from your mistakes and successes. Stay disciplined, patient, and focused on long-term growth rather than chasing quick profits. Emotional control is key to surviving volatile crypto markets. $BTC $BNB $XRP

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1. Bitcoin Early Buyers (2009–2011) Selling at Peak (2017 or 2021) Investment: ~$100 in Bitcoin in 2010 (at ~$0.003 per BTC) Hold Until: 2017 peak ($19,000) or 2021 peak ($69,000) Outcome: $100 at $0.003 = ~33,000 BTC Sold at $19,000 = ~$627 million Sold at $69,000 = ~$2.27 billion This type of hold-and-sell strategy produced billionaires from small initial investments. 2. Ethereum ICO Participants (2014) Investment: $1,000 during Ethereum ICO (price was ~$0.30 per ETH) Hold Until: 2021 peak (~$4,800) Outcome: ~$1,000 = ~3,333 ETH Sold at $4,800 = ~$16 million 3. Dogecoin Early Trader (Redditor 'Glauber Contessoto') Bought: ~$180,000 in Dogecoin in early 2021 Peak Value: Over $2 million when Doge hit ~$0.70 Status: Dubbed "The Dogecoin Millionaire" — although his net worth dropped after the price crash, his timing made headlines. 4. Binance Coin (BNB) Investors ICO Price: ~$0.10 in 2017 Peak Price: ~$690 in 2021 ROI: ~6900x These examples highlight the importance of early adoption, conviction, and timing in crypto. The biggest winners typically took huge risks and held through extreme volatility. $BTC $ETH $XRP

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Cryptocurrency trading is similar to hunting or fishing in several ways: Patience is key: Just like waiting for the right catch or the right moment to bite, traders often wait for the right setup or market situation. Tools matter: Just as a hunter or fisherman uses specific equipment, traders rely on charts, indicators, and strategies. Understanding the environment: Knowing the market is like knowing the terrain or water – patterns, behavior, and timing are crucial. Risk and reward: Sometimes you come away empty-handed, and sometimes you come away with a big win. Risk management is important in both cases. $BTC $ETH $SOL

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Will it go up or down? $WCT

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