#CryptoFees101 Bnut rose by 350% over 7 days, rising from 0.14 to 0.48, then falling about 50% over 20 days, dropping from 0.48 to 0.24. Should we learn from this? One thing is for sure, most of us, if the price rises by 5%, rush to sell to quickly reap the profits, and if it drops, we hold onto it until our money disappears. We have not yet learned the concept of patience, which is one of the most important foundations of trading. Waiting during a rise is not greed but rather caution until the path becomes clear, so we do not regret missing a big profit opportunity, and the mistake can be even greater. After reaching the peak, we rush to buy, hoping for a new rise, only to see it drop us to a new low. After observing this particular currency for more than a year, I noticed that the optimal entry price is below 0.20 or even down to 0.13, but do not use leverage and rely only on your own funds, and the optimal exit price is above 0.30. If you want to sell, the entry price should be above 0.35 and the exit at 0.18. You can make profits from this five cycles annually. My prayer is for success for everyone.
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