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RE: Keep the emotions out when trading, my cryptocurrency strategy
Totally agree. My advices:
- Quickly retrieve your basic bet and only trade yours gains. Psychologically, it is more difficult to lose your "real" money than your earnings.
- DO NOT invest in tokens that you do not know or understand. Investing in several crypto is NOT a diversification. Diversification it's having a bit of your money in crypto, a bit in stock exchange, a bit in other investments, etc... not all you money on several crypto ;-)
You are so right, i did all of these mistakes, i hope i am not going to do them again.
When I started in stock exchange I lost a significant amount of money... the price of learning ;-) Good luck for the future !
And last advice: don't be greedy: take some profits when you can