Ok, you are entering this crypto market world because you have heard that many people are doing it today. You invest $100, for example, in $XRP and you immediately get a graph like this.
If it’s in green, congratulations! You are winning, but if it’s in red, you start to sweat and see your money disappear. It’s possible that you entered just at a bearish phase of the market, buying cheap hoping it will go up, but it keeps going down. Then you take out the little money that remains, and now it’s less. You have given money to the market.
What should I do then?
I give you 5 things you can do if you are just starting:
Get informed. First, before investing, study the topic a bit, the basic concepts, even the #Binance platform helps you with a segment called #aprendeyganabinance where you can find a lot of useful information to better understand what to do before entering the crypto world.
Don't invest the only money you have. This is a market that moves with plans, time, and patience, not with emotions. Investing your only funds thinking you will get rich overnight, you better leave. It's not for you.
Diversify. A good strategy is to invest the same capital but in smaller parts across different cryptos, especially if they are cryptos that already have a track record. By diversifying, the gains compensate for the losses that may occur over time.
Maintain a plan. If your plan is to invest $100 and you gain $10, you can leave that $10 in a #Stablecoins while you check the market.
Play with your head. Yes, many treat the market as if it were a bet. It can be fun, but only for those who know how much they can afford to lose. They can move an amount that does not concern them and still inform themselves and check data to make their investment at the right moments. It's not just random.
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