🎯 How to make better investment decisions (without going crazy in the process) 🧠💸
If you're starting in the crypto world, you've probably asked yourself more than once:
> "Should I buy now? What if it goes down? What if it goes up? What if... maybe I should just go to sleep?"
Don't worry, you're not alone 😅
Here are 3 simple steps to improve your decision-making as a beginner trader:
🔍 1. Research before hitting "buy"
Before investing in $BTC or $ETH, ask yourself:
What is happening in the market today?
Are there any news that could affect the price?
What is the historical behavior of this coin?
You don't need to be a pro analyst, but you do need to be curious and consistent.
📊 2. Use tools, not gut feelings
Platforms like TradingView or Binance's own chart can help you identify patterns.
Learn the basics: support, resistance, volume, and RSI. It's not magic; it's analysis!
💡 3. Have a strategy (and stick to it)
Define your plan before you enter:
How much are you going to invest?
Where do you exit if it goes wrong?
And if it goes well, how far do you expect it to go?
Example: You invest in $ADA with a target of +10% and a stop loss of -5%. If something unexpected happens, your plan already knows what to do. 🧠✅
📌 Remember:
Investing without a strategy is like jumping into the sea without knowing how to swim. You might float... or sink. 🏊♂️
And if everything fails...
You can always say that you just bought $DOGE for the meme. 🐶🚀
Follow me for more tips, and if you're interested in me talking about analysis tools you can use.
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