#TradingStrategyMistakes

Now that the market is booming, many people decide to invest to not miss a chance to obtain massive profits (FOMO). And that's where the danger lies! You invest money when the market is cold, and you take profits when the market is hot. The greater the growth of the coin in a short period of time, the higher the chance that it is already at its peak or heading for a strong correction... And the greater the chance that you will lose a lot of money or get stuck in a coin at a very high price for a long time waiting for the coin to recover... Now is not the time to invest in the Spot market, and if you do invest anyway, invest in a smart way. How? Buying during corrections and having a margin. What is the margin? It is having money set aside, not investing everything, investing a little, so that if the price drops, you can buy more to improve your average price... The greater your margin, the safer you are with price fluctuations. So... if you buy during 3 drops and the price drops again, you have money to buy more coins during other drops and improve your initial position (average price). Does margin reduce your profits? Yes... However, it also reduces your risk. And the mistake of a large part of people in crypto is not knowing how to manage risk. The greater your ambition, the higher the chances of you suffering a loss by acting on emotion.