Speculation of the crypto currency. Do not destroy yourself!
Hello! You once when it was that you buy some kind of coin, and after a couple of days you will sell it. But in a month you will see that she has grown 10 times? Are you tormented by this? For a year, while I was interested in crypto currency, I had such 100 times.
In the beginning, I was very upset. The saddest moments were when I bought Ripple six months ago. And an etherium for 7 dollars. I had 50 ethers, and more than 100,000 Ripple. I could not stand it morally, and I sold it much earlier. Now I'm looking at their prices. It's just a wow.
For this year I realized that you can not destroy yourself if such things happen. It's business. And I, with my modest savings, can not influence the price of a coin.
A little scary when you see a huge amount of trading in a coin, and you realize that your 1000 or even 5000 dollars is just a drop in the huge sea.
The main thing is that I have not lost my life and I even earned it this year. Crypto currency is far from its peak in prices. And it's just awesome.
Diversify your investments. For example, if you have 1 BTC, you may keep 0,5 in your wallet, put 0.2 for day trading, put another 0.15 for midterm investing (let's say a month) and 0.15 for long term investing (3 months and more). With this strategy, you won't miss future opportunities.
yes you are right! Thank you!
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STOPi've heard the saying 'all coins eventually go up' and believe it. I also had coins at the start that grew in value lots more after I sold them. now I buy and hold. not as much action, but i want the big prize.
and totally agree "A little scary when you see a huge amount of trading in a coin, and you realize that your 1000 or even 5000 dollars is just a drop in the huge sea."
hoping to grind my way up to a little pond instead of just a drop HAHAHA