Hi beautiful people,As a newbie in the crypto world I had my first real crypto experience,Omo before my eyes all coins went to deeper life mood.(the little change I managed to acquire)after weeks of waiting for it to be green oo
Just getting newly introduced to buying of coins,I now truly believe the saying,the crypto market is not for the faint hearted,I recently bought wakanda a newly listed coin on roqquo,I bought about 20 thousand worth of it,as am still trying to explore the crypto currency markets,menhhh theres money in crypto oo but honestly you could see all your hard earn money vanish in seconds too.
Two days ago I checked my roqqu app only to see almost double of my investment, omo I was more than happy I sold to get the profit so just in case it starts dipping I could buy more,
I first bought at 00000.6 in rouqu
Later sold for 00000.11
Then ended up buying at 00000.10
Only for me to wake thinking that it would have past the amount I bought it only to discover that it only went Dipper, honestly I almost immediately had heart attack,the pain I got was just too much,like this now, thinking I had experienced the worst I went to the crypto Group I joined only to see comments. Omo I was laughing and feeling pains all at the same time, the feeling was undescribable (I don't blame people that have heart attacks),something I just saw 45k before goings to bed only to wake up and see it at 32k,and my case is even a small case oo
So far these are a few tips I have learnt from my crypto journey so far
CRYPTO SAFETY PRECAUTIONS
1 Fundamental analysis comes before technical analysis.
The market is 70% news and 30% charts.
2 Never buy a coin that has pumped.
There'll always be a correction.
3 Don't try to sell off the top of a green candle, it won't end well.
Take what you can.
4 Avoid pump & dump groups like a plaque. It never ends well.
5 Take profit and never look back at that project no matter how it pumps, wait until it corrects.
6 Don't try to take revenge on a project no matter what it did to you.
7 Study and understand a project before adding it to your watchlist.
8 Think longterm
9 Don't drink and trade😁
10 Don't buy with 100% of your portfolio,
Buy with part of your portfolio, if it dumps buy more
If it pumps stand down and take profit.
11 Listen for news
12 Learn how to filter noises.
Pick a trade and concentrate on it until profit is taken.
13 A 10000% belongs to a patient man.las Las everything na risk for life.risk what you can afford to loose.
14.learn patience.
🙌🏻
I hope this is somehow helpful to someone out there.i want to appreciate all the good men and women out there making an honest living,grinding for a better tommorow.
Lastly in crypto there's always the bull and bear season and one thing is for sure there's always hope at the end of the tunnel.you only need to be smart and updated with a mixture of patience and a sprinkle of prayers and hope,things will turn out great eventually
Thanks for finding time to read my thoughts.feel free to share your crypto experience and advice.