My honest advice for new cryptocurrency traders (from harsh lessons over 3 years)
If you are a beginner in the world of cryptocurrencies🕉 read this twice as it could save you thousands of dollars$
Don't follow the assets that achieve the highest gains thoughtlessly.
This is like jumping onto a train🚍 without knowing its next stop. It may seem fast and thrilling, but most of the time? You'll find yourself jumping onto the train just moments before an accident.
The bitter truth is that 86% of the cryptocurrencies that achieve the highest gains drop significantly the next day. And when that happens, new traders face massive losses. You don't want to be the last person holding the coin after it drops.
So what should you do instead?
Avoid entering long-term trades on controversial coins.
Look for selling opportunities, this is where the real edge of smart traders lies.
When everyone buys coins out of fear of missing out, smart traders are ready to sell the coin when it drops.
⬅️This advice comes from 3 years of trading experience and observing the same pattern repeating constantly. Don't let yourself be driven by emotion🤗 Trade with your mind, not your heart♥️
☑️If you found this advice helpful, feel free to like👍 it and follow my account for more honest tips on cryptocurrency trading.
🎆Don't forget to visit my profile for free 🎉coins through the pinned post (first and second) at the top of the page
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AVAXUSDT
Always
22.59
-5.11%
$LTC
LTCUSDT
Always
98.88
-1.47%
$ME
MEUSDT
Always
0.971
-5.91%