Good article. This is a reminder to zoom out from the daily price action and think longer term at the macro level. Great advice to take back your initial investment once you have made a profit. So now you are only risking your gains.
A very nice perspective. Thanks to you, I learned very strategic moves, it seems to me that you are proceeding with really cautious and correct steps. Being aware of new developments allows us to have our own ideas and strategies on many issues and to predict the future. I agree with you. It is necessary to stay up to date and follow the news.
The rules you set for yourself are really nice. The foundation of the project we invest in must be solid, we must do good research. With Work to invest, we can increase the profit share in our investments.
Don't fall in love with the coins you bought, don't put all the eggs in the same basket, Do not trade with an amount that you will regret losing. First, focus on learning, not making money.
A few tips from me for your survival in the market:)
People mostly get speculative if they see what the others are doing. Same happened for me, I was watching a youtube video and the person was telling we need to be careful and he switched to cash for that time. I thought I should've sold one of my cryptos, and I did. Two days later I was in %50 loss from my profit. I stood strong but I couldn't wait two more days : ')
In a volatile market like this we all get wounded by the decisions we make, but the important point is how do we manage after we get wounded. The wound can easily be healed, also it can get worse if we don't preserve it.
Yes I have undiagnosed FOMO🤒. When left unchecked it leads to rash and sometimes unhealthy decisions 🤣 If FOMO hasn’t made it into medical texts yet I think it will be in the future. I feel like psychologically it is similar to compulsive gambling but needs its own category and quite possibly need its own type of treatment depending on the individual.
Good article. Finding the right coin and right chain to invest in is very tricky. But I think it's always good advice to take profit, as long as you can come out ahead when possible, it can be fun and lucrative at the same time.This is why I like the nft market, over the coin market.
People emotionally always want to win. So they like to invest in rising units. So when I did my first cryptocurrency, I bought a rising coin and lost 50%. Then I learned from the mistake I made and started making solid investments. In two months, I covered my losses and doubled my principal. I've seen that winning and losing are brothers. Sometimes we win and sometimes we lose. If we're emotional, if we don't make smart decisions, we lose.
Surviving the crash with chips and noodles. Don't have a job to speak off and I'm depressed like half of the day while the other half I'm happy as a guy who just went to prom and got laid for the 1st time.
Good article. This is a reminder to zoom out from the daily price action and think longer term at the macro level. Great advice to take back your initial investment once you have made a profit. So now you are only risking your gains.
A very nice perspective. Thanks to you, I learned very strategic moves, it seems to me that you are proceeding with really cautious and correct steps. Being aware of new developments allows us to have our own ideas and strategies on many issues and to predict the future. I agree with you. It is necessary to stay up to date and follow the news.
Thanks for the article it was very helpful.
These are the most important points to consider and if anyone consider all of the points
He/She will never regret investing in any projects which has a potential and great team behind it :)
Nice Article Ruma 😁
The rules you set for yourself are really nice. The foundation of the project we invest in must be solid, we must do good research. With Work to invest, we can increase the profit share in our investments.
People usually enter crypto as they rise.
They don't know the market, which can often be big rises and falls.
Because of this, some of the falls that I see as normal come a lot to people.
I think I've got my strategy right.
Although I have suffered losses because of this, I try to do as little as possible.
In general, I prefer to invest in solid projects. So I'm a little more comfortable.
An infinite world is crypto to me. I try to learn every day. And I'm surprised to see so many different things every day.
Thank you for sharing your experiences.
And thanks for the great article.
Have a nice day.
Don't fall in love with the coins you bought, don't put all the eggs in the same basket, Do not trade with an amount that you will regret losing. First, focus on learning, not making money.
A few tips from me for your survival in the market:)
People mostly get speculative if they see what the others are doing. Same happened for me, I was watching a youtube video and the person was telling we need to be careful and he switched to cash for that time. I thought I should've sold one of my cryptos, and I did. Two days later I was in %50 loss from my profit. I stood strong but I couldn't wait two more days : ')
In a volatile market like this we all get wounded by the decisions we make, but the important point is how do we manage after we get wounded. The wound can easily be healed, also it can get worse if we don't preserve it.
Thanks for the advices by the way!
I don't think the bear market is bad enough to be feared.
good money can be earned.
but as you said above, you should not use all your money when buying.
it always makes sense to keep half your capital in dollars for all possible good options
this market can offer very good opportunities.
and, of course, a bear market can be an opportunity to step away from the market for a bit.
take some rest
Spend just an hour or two a day reading new projects.
and when you find a good project invest and let us know :))
we would be grateful to you :)
Thanks for the great article..
Thanks for the tips.
Taking a breather from doing too much crypto is definitely a hard one to accomplish. It's hard to fight the FOMO.
Yes I have undiagnosed FOMO🤒. When left unchecked it leads to rash and sometimes unhealthy decisions 🤣 If FOMO hasn’t made it into medical texts yet I think it will be in the future. I feel like psychologically it is similar to compulsive gambling but needs its own category and quite possibly need its own type of treatment depending on the individual.
Good article. Finding the right coin and right chain to invest in is very tricky. But I think it's always good advice to take profit, as long as you can come out ahead when possible, it can be fun and lucrative at the same time.This is why I like the nft market, over the coin market.
People emotionally always want to win. So they like to invest in rising units. So when I did my first cryptocurrency, I bought a rising coin and lost 50%. Then I learned from the mistake I made and started making solid investments. In two months, I covered my losses and doubled my principal. I've seen that winning and losing are brothers. Sometimes we win and sometimes we lose. If we're emotional, if we don't make smart decisions, we lose.
I personally don’t think we’re in bear (yet), but the information you shared is pretty useful !!!
Thanks for the good job
I agree, not bear, just a dip
Surviving the crash with chips and noodles. Don't have a job to speak off and I'm depressed like half of the day while the other half I'm happy as a guy who just went to prom and got laid for the 1st time.
I agree with staying busy during the down market, accumulate and invest in new projects make the time fly!
This bear market allowed me to concentrate on NFTs and learnd a lot of new things.