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10/06/21 10:53
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By Captainsaudi · Posted
It is a best practice to buy dip and sell high but this strategy mostly doesn’t go as planned because you can’t predict the final bottom. Some traders BTD anticipating a potential pullback which mostly doesn’t happen and this force some into panic selling. DYOR is mostly advisable but some people fail to know which analysis they should focus more on. When deciding to hold a token for a long-term FA is very important and its cardinal point should be thoroughly scrutinized before making such a decision. These points include; Whitepaper, Road map, and Usecase. These points have a huge impact on deciding how long to hold a project and also booast your confidence in the project's bullish potential. The first principle in this industry is “invest what you can afford to lose" though many neglect this principle as such when a project is going through a price correction they panic sell and sell at a huge lost. Most normal regret their decision later when they see the project back on track. Once you adhere to the first principle you hardly fall victim to panic sales. Note that it is mostly not advisable to hold meme tokens una less you are convinced because meme goes with the hype and finds it hard to retest its ATH once the hype is over. Anyway what are your trading strategy and principles you adhere to most? -
The market is really trying to break boundaries this December & would love to see that happen cos this month has never been this rosy from past records. On the issue of binance with SEC, I think with time everything will be fine & I'm thinking of leveraging on the present market conditions on BG's earn products. -
By Captainsaudi · Posted
Yeah, I believe Bitget and Binance made the wisest decision to partner with such talent and help the whole industry reap from their influence in increasing crypto adoption.
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