Bitcoin بيتكوينBlockchain بلوكشينCryptocurrency exchangeDogecoinETH إثريومالعملات الرقمية

 For Cryptocurrency Investors: 5 Reasons to Win and 5 Reasons to Lose

Cryptocurrency Investors

thunderforex

 For Cryptocurrency Investors: 5 Reasons to Win and 5 Reasons to Lose

After the big loss that cryptocurrencies have, traders are still looking for new coins in order to make up for the loss.

Although Warren Buffett, the famous old investor is still against cryptocurrencies, especially Bitcoin, young investors like Elon Musk who supports Dogecoin and Nayib Bukele who supports Bitcoin, investing in crypto is a game of whale investors controlling big capital.

Traders like you and me, who lost a lot in cryptocurrency in 2022, what do we do to make some profits in the next days?!

ok..Stay on target, and follow the news crypto.com, one by one.

Before you start, you should define your trading goal:

  • long-term investor.
  • Short term investor.
  • A gambler, he enters hundreds of trades within 24 hours to make a quick profit.

 

crypto volatility:

  • Cryptocurrencies are very volatile, which is why traditional investors consider them as risky as Bitcoin.
  • Bitcoin’s high volatility at 46.9% has its gains during bullish cycles, as prices could collapse with a correction path to recover again.
  • Very important to understand the volume indicator across charting platforms, and to sell above average with volatility, because it is one of two signals that define a breakout.

Although the crypto market is in its worst days this year, What are the general reasons for win or lose?

 5 Reasons to win in cryptocurrency:

  1. long term investment, and stay away from gambling, to make profits.
  2. Buy crypto currencies, according to the trading strategy and not listen to the noise.
  3. Risk management and stop loss setting.
  4. plurality in the investment wallet, and don’t stick to one coin.
  5. Find cheap coins and make sure they are not fake.

  Follow the crypto bubbles, you will  see coins suddenly blow up like a bubble.!

 5 Reasons to lose in cryptocurrency:

  1. Not understanding of, the crypto investing and blockchain network.
  2. Buy cheap coins without listening to investors advice and following the noise.
  3. Panic selling and no investment strategy.
  4. Buying hot wallets connected to the Internet, and not adopting trusted trading platform.
  5. Being scammed and stole, and entering losing trades.

Finally..

Do you know the difference between a crypto crash and a crypto correction?

In conventional finance, a crash is a price drop of more than 10% over the course of one day.

 Sudden effects in the cryptocurrency market often cause panicked investors to run away en masse.

 on the other side..

 A correction is a gradual decrease in price, more than 10% over several days.

It means that bullish traders need time to recover, and no new buyers appear to support the upside.

 And prices begin to fall when sell orders accumulate.

You must understand the difference, to determine the price slope in the next days.

 Also, understand the market, and how traders  react with each other, to see which downtrends are corrections.

  Whereas, the cryptocurrencies crash  portends a bear market and a long period of consecutive losses.

 In order to win, you must be able to master the game and distinguish between them.

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *

زر الذهاب إلى الأعلى
Open chat
الاعلان معنا في الموقع
تواصل معنا

أنت تستخدم مانع للإعلانات

يعتمد الموقع على الإعلانات من أجل دفع النفقات تعطيل مانع الإعلانات يساهم في تحسين جودة المحتوى شكرا