Economic Decisions. (POB WOTW - S2W20)
Making life in the world of cryptocurrencies as a newbie can be a source of contention among those who work daily and have a long time in asset management.
The answer may be simple, but in the end there are endless reasons.
- I sell them because they are mine.
- I need some money to pay the bills.
- I will not be able to wait for a new price.
- This will be the highest price for a few days.
- It is my only monetary entry.
Who are we to question the way in which each one manages their wealth?
We work to seek a monetary benefit either in the short or long term, however the discord between selling or not at a low price is something that will always be latent
If I want to grow my finances, I must wait until the currency reaches a high price to be able to make a sale that brings me much more profit. But as long as the currency remains extremely low, what should I do?
- Keep creating content
- Accumulate the most coins.
- Wait patiently.
- Sell other currencies.
On the other hand, it is good to know that there is a financial game that has paid off throughout the history of cryptocurrencies. It is reasonable to know that you buy low and sell high. This will increase the number of chips bet in a given time.
however, who is sure that the price that is currently the lowest cannot be the highest? The prices of our currencies can often be so unpredictable that overnight the change can be so profound that you don't have a chance to digest it.
For the beginning of the POB token, its price was very high and the expectations were that it would continue to rise like foam, I suppose that no one could think that its fall would be drastic and without anesthesia. But while they stayed in La Sima, each one took advantage of it in their own way and increased their pockets to grow.
In short, there are those who take the task of judging the people who sell their coins at the price that is circulating even when it is the lowest in history, but they do not look at the bottom of the reasons why they do it, if someone works and to sow is to reap the fruits and each beginning can be somewhat difficult, the cryptocurrency network is a visualized place to guarantee an economically virtual future.
Advice is welcome when we are new, but the last word always depends on ourselves.The best way to contribute to community peace is by reasoning and accepting that we are human and can make mistakes And in the same way we are capable of making amends for failures.
This is my participation contributing original content. (POB WOTW - S2W20)