Why do people fail so much at earning money in crypto in the first week/months!?
Look at this picture!
Most unexperienced people, driven by pump and dump advices from slack/telegram/whatever, will look at that first green candle and think, GOD this is going up, this is going to new ATHs, I gotta get in! And they will.
Now look at what happened after.
I did this mistake myself and I have been in crypto for almost 6 months, I should know better!
BUT
I learned, and a few days after (yesterday If im not wrong), there was another pump news on BAT! Guess what, those news were kinda old, and if I had gone after those news I would have lost another 20%.
I was told to get into BAT, it is going to pump, its still early.
Indeed it is, if you are on it for the longterm, but a newcomer wont have that patience or capacity to see it that way.
What to do now on the DCR case? Just hold, it is a good project, it will in time recover and you will be in profit.
You only lose money if you sell on a loss.
With all this bullshit talk, all I wanna say is, invest in longterm! Get into a good project (do your due diligence) and ride the waves. If yo uare into a project for the longterm, you won't carae (that much) about temporary dumps.
I did it with a single project so far and it worked really really well!
I got in at around 8000 satoshis in Stratis (cant see the 8k sat in this pic). Check where it stands now! 300k+ with an ATH of 450k+ and looks about to be ready for a new take off.
Hope someone appreciates this!