Buy when everyone sells and sell when everyone buys in crypto!

Crypto is currently a dream name for the young generation through which many young people want to sow the seeds of their dreams and many want to build their future through this digital currency and many want to generate a good quality income source from here. Many people want to become big people very quickly from here. In reality, many people are constantly joining this digital market with different dreams. But that dream crumbles due to lack of proper planning and lack of skills and experience. Many consider it as gambling and especially new investors get greedy or enter the market by listening to others and lose their money by trading incorrectly due to their lack of experience and skills.

source

But we get knocked out of the market by making some simple mistakes. In particular, we tend to start buying when the price of the coins in the market is increasing and when the price of the coins starts to decrease, we sell. And for all these reasons a fear works in us and because of boy we usually do such things and suffer great losses. It can be seen that many times fear of missing out or FOM is created in the minds of new investors in the market and that is why they engage in such activities. However, those who are skilled and experienced traders basically start buying when the price of the coins goes down and enjoy the profit when the price goes up. And that is the wisest thing to do. Due to which big and experienced traders do not face losses very easily.

But the wise thing to do is to buy when everyone starts selling. As we know, crypto market is famous for volatility. After the coins drop in price they come back in price much earlier so when for some reason the price of the coins goes down deep we should buy because most of the investors start selling out of fear. So we should use that opportunity. Again, when the coins are bought from this position, when the price starts to rise again, many new investors enter the market and everyone starts buying. Then we should sell our profit shares and enjoy the profits. That is, when everyone starts buying, it is wise to sell them if there is a profit. And the wisest thing is not to sell the invested part of the investment and keep some part so that even if the price of the coins goes down, you will not lose and if the price of the coins goes up, you will profit.

But in all these cases a proper plan must be adopted. A common mistake we make is to buy coins with the full amount of money in our portfolio. It can be seen that later when the market goes down a little more, the price of the coins goes down further, but because we don't have free money in our portfolio, we can't re-enter the al market. So we should divide the dollars we have and invest them part by part. Then we won't get out of the market easily and we can buy the coins when the price of the coins starts to fall and everyone starts selling. This will allow us to sell the coins at a profit when the price starts to rise again and people start buying. So we should take proper planning and make ourselves experienced and skilled as well.