Here is how to never lose money on crypto

Most people do the same mistake. When the price of particular crypto goes down, they sell it immediatly. But it's not how crypto works.

Crypto currency value is very volatile, but you won't lose/gain any money until you sell them. That's the secret, if the value of your crypto goes down even a lot, don't sell it, keep it. There is a very high possibility that it will rise again, even for coins that are less popular.

But the brand new coins are totaly different. They are too risky but at the same time very profitable. If you take the risk to invest in new crypto currency be careful, a lot of them are only pump/dump.

Sort:  

Congratulations @valentinas25! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @valentinas25! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.27
TRX 0.21
JST 0.038
BTC 97223.78
ETH 3676.06
SBD 3.81