$ETH MANY GO BANKRUPT BECAUSE OF THIS! 🔥
💸 THE SECRET OF MONEY MANAGEMENT IN THE CRYPTO WORLD 🔐
You must have seen often:
➡️ People enter crypto ➡️ profit for a while ➡️ euphoria ➡️ big loss ➡️ regret 😭
⚠️ The main problem: WRONG MONEY MANAGEMENT!
❌ Just going all-in
❌ Chasing FOMO
❌ No exit strategy
❌ Not mentally prepared for a market drop
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✅ SIMPLE MONEY MANAGEMENT TIPS SO YOU DON’T BECOME A VICTIM:
1️⃣ Only Use Cold Capital 🔥
Do not use money for food, debt money, let alone wedding money to enter crypto.
2️⃣ Set Risk Limits 📊
Ideally: maximum risk per trade is 1-3% of total portfolio.
3️⃣ Have Clear Targets 🎯
Before buying: determine profit targets & cut loss limits.
For example:
➡️ Profit target: 15%
➡️ Cut loss: -5%
4️⃣ Don’t Forget Diversification 🧺
Don’t put everything in 1 coin. Spread it across several assets with strong fundamentals.
5️⃣ DCA Is Safer 📈
Instead of waiting for the market bottom, it’s better to buy in installments periodically.
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💡 REMEMBER: IN CRYPTO, THOSE WHO LAST ARE THE ONES WITH A STRATEGY!
💬 Have you used any money management yet?
Comment below 👇👇👇
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