From a "MILLIONAIRE" just 1 hour after the collapse #LUNA✅ & #OM has turned many ACE into DEBTORS. The lessons we draw for ourselves in the Crypto market...
- Absolutely do not invest in 1 Coin (At least from 3-5 coins).
- Regularly update knowledge and research the coins you are investing in to understand the volatility and have timely plans.
- Distinguish between INVESTMENT & SPECULATION:
+ Speculation: Quick buying and selling to secure profits immediately
+ Investment: Buying projects for LONG-TERM & SHORT-TERM investment
* LONG-TERM: Regardless of price fluctuations, hold onto them (Must choose potential coins).
* SHORT-TERM: Buy and hold until profits reach 10-30% and sell immediately to reinvest or buy other coins.
- Always keep 10% cash in your account to BUY and SELL when prices fluctuate to earn profits quickly.