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RE: 5 Proven Strategies for Making Money with Cryptocurrency Trading

in Project HOPElast year

Hi @menoski

Great to see you posting in project.hope again buddy.
Let me start by saying: another interesting choice of topic. Solid read (upvoted already).

It's also important to keep an eye on the regulations and laws surrounding crypto in your country.

It seem to me that in current days it is one of the most important issue to follow. It's obvious that lack of regulations and growing pressure on bringing more regulations is resulting with nothing more but ... uncertainty.

Starting small is another great tip to follow. Most people I know seem to avoid investing in crypto and when they decide to get involved - they go ALL IN. Which is such a rookie mistake and it naturally cause them loads of stress.

ps.
I never agreed on idea of using stop-losses. When price is dropping then instead of selling with a loss (which create negative emotions and frustration) I would rather recommend buying little bit extra

I'm also missing "learn to take a profits" and this is one of the most important tips I can imagine. One that most people seem to ignore - often when we see price pumping we're becoming greedy and we ignore idea of taking small profits, hoping that we will earn BIG $$$ instead.
Wouldn't you agree?


Anyway, my experience in crypto space tought me, that all strategies in the world cannot help anyone if we don't know how to control greed and fear. Wouldn't you agree?

Have a great day ahead of you :)
Cheers, Piotr

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