📈 New to crypto? Learn this and you'll be years ahead of the rest
You don't need to be an expert or know how to analyze charts all day.
💡 10 simple rules to avoid stress in the crypto world:
🔸 1. Did the crypto drop for several days in a row?
Don't panic. Many times, after several drops, a rebound comes. Observe and wait for the right moment.
🔸 2. Did it rise for 2 consecutive days?
Be careful. Sometimes a pause or retracement comes. If you already have profits, you might sell a part.
🔸 3. Did it rise a lot in a single day?
Be careful! It's normal for a correction to come afterward. Don't buy when everyone is already talking about that crypto.
🔸 4. Never buy when it’s already 'in fashion'
If everyone is already buying it and it has risen a lot, it’s probably too late. Look for opportunities before, not after.
🔸 5. Has it been 3 days without moving?
Write it down. Sometimes the price 'sleeps' just before moving strongly. Wait 2-3 more days before making a decision.
🔸 6. Did you buy and the next day it doesn't go up at all?
Don't get stuck. Maybe it wasn't the best moment. Learn to let go quickly.
🔸 7. If you see several cryptos rising together...
The market might be waking up. When 2 or 3 move, many others follow them.
🔸 8. Look at the volume (amount of buying and selling):
– If a crypto rises with low volume, it might be a good opportunity.
– If there is a lot of volume but the price doesn't go up, something is not right.
🔸 9. Follow the direction, not your emotion:
Is the crypto rising consistently for days or weeks? It's trending, and it's safer to trade in that direction.
🔸 10. You don't need thousands of dollars.
Start with little. The important thing is to have a clear strategy and not act on impulse.
⚠️ Final tip:
Don't get into this with money you need to pay for important things.
And you don't need to be on your phone all day to earn. Sometimes, less is more.
💬 Which rule did you like the most? Are you already applying any?
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