In the name of Allah, the Most Gracious, the Most Merciful! 1) Anyone who shows pictures and claims that he predicted what happened and drew the correct price movement... Stay away from him! 2) No one in the market will bear your losses... You must learn... and make your own decisions... Education is very easy... (YouTube... Market Cap... Market Size... etc... We will touch on this information later)
This chart is mine personally.. A very strong currency.. And very promising.. Of course it is green now ((meaning no buying)).. As soon as the currency turns red and then green again.. Put a large amount in it ((It won't affect your life if you lose the amount)).. And wait.. Solana.. My appointment with it to sell is when it reaches $3000 per piece.. What I sold from Solana according to the chart.. Firstly because I made a very, very, very profit from it.. Secondly because I needed an amount of money so I sold part of it.. As for the rest, I will not sell it before it reaches $3000!..
The best plan is that you put an amount in digital currencies every month without ever seeing the price. I will give you an example:
A person has $500 a month. He withdraws it directly from his salary Deducts 200 in Bitcoin And 200 in Ethereum 100 in Solana
Without looking at the price.. because with time you will build up your quantity in these stronger currencies.. If the price drops, you are already buying at a profit.
1) Go coin market cap to check the details of all coins. Try to select from the top 20 coins. 2) Diversify your investment; dont only invest only on one coin. 3) Dont enter “ all in “ and throw all your money. 4) Control your emotions or dont enter the market, its not about what you feel! 5) Always take safe step while investing, learn how to use stop lose option wisely. 6) You need to follow all news, and romers to understand what is going on aside with technical analysis but dont totally rely on technical analysis. 7) Always buy on red not on green candles. 8) Dont scare, just follow the right rules and wait. Crypto is about patience. 9) Always withdraw your profit and dont be hyper greedy. 10) Read about the “ Cost Average “ as it helps you to return your money quicker and fill in your crypto wallet with quantity of the coin. These are the top tips .. I will share some more, with pictures to demonstrate how things are crazy lovely on crypto 😍.Wish you all the best .. keep on touches #bitcoin #solana #Binance #Ethereum✅ #Web3
Who wants a guaranteed profit without any risk! It takes three steps... 1) Click on the tag in the image 2) Go for more services 3) Go to Profits..and click on Eth staking They store Ethereum with them...and give you a replacement code for it daily!! Depending on the amount of Ethereum you store, you will get money!! Good luck..😎📍For your information, storage is flexible.. This means that you can get your Ethereum back at any time.. but you can wait a short period to collect all the profits..
If you know it, you will be smart enough to reduce risk and increase profit.
I will give you simple example:
If you have 100 dollars and you want to buy a coin which its price is 50 USD.
So 100/50 = 2 coins
Assume the price of this coon goes down to 40, then you will think you lost because price went down to 40. This is right l, however, the smart trader should buy more at this price .. so assume now you invest another 100 dollars to buy the coin again with the new price of 40 USD.
So 100/40= 2.5 coins
Now how you calculate your new average cost ?
Simply .. you add all dollars spent : 100 + 100 = 200 dollars
Add your quantity of coins : 2 + 2.5 = 4.5 coins
Divide dollars/quantity = Price
200/4.5 = 44.4 USD
What we did now ?
Instead of waiting to the price to go back to 50 USD to return our capital .. we invested more in lower price and forced the new average price to be 44 rather than waiting to reach to 50!
I hope this is clear .. and I hope that it will help all of you ❤️
If you don't know what your goal is, don't continue in the market!
Advice: Determine your goal or get out of the market.
Speculator: The person who comes to buy and sell, buy and sell.. and wants a quick profit..!
Investor: The person who comes to invest and treats currencies as real estate.. He buys now and seeks profits after many years.. at least five years and above..
Everyone wants money.. but our circumstances and givens are different.. How do I determine my goal?
If your capital is approximately 100-5000 dollars.
I advise you to be an investor..!
Because speculation with small amounts wastes profits in fees... buying, selling and transfer fees... which means you will not benefit anything!
If the amount is approximately 5000-100,000..
I advise you to speculate... because you can divide an amount, for example, like 100,000 into ten... sections... each section is 10,000... and start selecting currencies based on recommendations and excellent analysis... and buy... and sell... and if the price goes down for you instead of going up... you consolidate ( This means that you also buy more when the price of the currency falls in order to collect larger and larger quantities and it becomes easier for you to return your capital. I give you an example..
But if the amount is 100,000 or more...
I advise you to do both: speculation and investment..!
The priority is always...
For Bitcoin Ethereum Then the rest of the currencies.
1) Go coin market cap to check the details of all coins. Try to select from the top 20 coins. 2) Diversify your investment; dont only invest only on one coin. 3) Dont enter “ all in “ and throw all your money. 4) Control your emotions or dont enter the market, its not about what you feel! 5) Always take safe step while investing, learn how to use stop lose option wisely. 6) You need to follow all news, and romers to understand what is going on aside with technical analysis but dont totally rely on technical analysis.
7) Always buy on red not on green candles.
8) Dont scare, just follow the right rules and wait. Crypto is about patience.
9) Always withdraw your profit and dont be hyper greedy.
10) Read about the “ Cost Average “ as it helps you to return your money quicker and fill in your crypto wallet with quantity of the coin.
These are the top tips .. I will share some more, with pictures to demonstrate how things are crazy lovely on crypto 😍.