8 Tips For Buying Bitcoin & Altcoins!
8 Tips For Buying Bitcoin & Altcoins!
- Have a reason before entering each trade.
- Set a target and stop when starting a trade
- Avoid trading on the "Fear of Missing Out" (FOMO)
- Control your risk
- Keep track of your gains in USD for Taxes but compare your portfolio growth in terms of Bitcoin.
Your portfolio should be growing faster than bitcoin or you might as well hold Bitcoin :)
- Keep in mind most Altcoins lose their value over time
- Don't forget bout the fee's when calculating your estimated profits
- Do not over trade... Trust your gut and do your research!
Your portfolio should be growing faster than bitcoin or you might as well hold Bitcoin :)
Disclaimer: This is my personal opinion and not investment advice.
Disclaimer: This is my personal opinion and not investment advice.