I am a crypto-analysts working on unravelling the strategies that have a high rate of success. You may follow me to not miss the once-in-a-life opportunity!!!
Do you know why most of the people lose money in crypto market? let me explain
It is due to Lack of Spending Time to understand this market. People consider crypto as a gambling or pump-dump scheme. But it is a skill that should be learned properly.
if you want to succeed in any field, you have to follow 80/20 principle. this principle states that one should spend most of the time in understanding the process before practically getting into the task/work. This will increase your chances of success in a very short time.
The same is applicable on cryptocurrency. If you don't spend most of the time in understanding the dynamics of this market, you will end up losing your hard-earned money.
And most of the people ignore this principle that is why they end up losing all their money. Many people consider acquiring knowledge of this market as a secondary thing and directly start taking trades. The end result of this is obviously bankruptcy!!!
Allocating time to acquire the knowledge of cryptocurrency is more important than any other field because a slight mistake here can take you to a place of no return.
Do not consider my words as a warning my friend instead these are cautions that you should follow to prevent yourself from a fiasco.
So, if you want to break the chains of mediocrity and want to get the success that a few people achieved in this industry, you should start learning the basic dynamics (technicals, fundamentals, and psychology) $SUI $ETH
if you are new to trading then it is mandatory for you to know that trading is not just technical or fundamental analysis. The basic thing that matters here is PSYCHOLOGY. if you are entering into this market for just making your money double within A week or two, then be ready my friend... you are going to lose everything. if you are serious about making money, focus on learning. Understand risk-reward ratio, market cap, indicators, market trends, price action, coins' use case etc. After learning these things, your focus should be on developing psychology. Try to make yourself a sober personality which has the ability to control his emotions. If you can follow all these instructions then congratulations you are the one who is going to break the chains of mediocrity....!!!! #Cryptomindset #coinstour
As we have entered in an era where the world is rapidly transforming, it is imperative to adapt with the change. This bull cycle has almost changed the track of crypto which was followed in almost all the previous cycles. Now, coins are not pumping as hard as were seen in earlier cycles. Several reasons such as institutional investments, Etfs, regulations etc have played a crucial role in shaping the current cycle. In this cycle, where crypto is gaining acceptability among the masses, it is a bit hard to analyse the winning horses in crypto. One must do proper research before investing his hard earned money into a coin. Otherwise, the market will not give you another chance. There is no way of getting something for nothing. Simple rule for success is Do Research Before Investing!!!#Cyptomindset #coinstour