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4 Reasons Why You Lose Money In Crypto And What You Can Do About It. - Investment - Nairaland

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4 Reasons Why You Lose Money In Crypto And What You Can Do About It. by methylade(m): 12:55pm On May 04, 2021
You will agree with me that one of the most tradable asset today is cryptocurrency.

And if done right, it's one of the best money making methods out there.

However, a lot of people keep losing money (hard earned money) to crypto and this is why...

1) crypto is one of the most trending topic on the internet today and when you visit your social media pages daily, you'll always see "expert" telling people to buy a particular coin. What they do is create a HYPE around that coin and lead unsuspecting people into buying it. This is why you should never take social media tips about crypto seriously. Always do your own research.

2) FOMO (fear of missing out). People think because they lost the opportunity to buy bitcoin during it early days, every other coin now is a potential BTC. This fear of having to experience another lost opportunity make people buy the wrong coin and even when they buy the right one it happens to be at the wrong time.

3) No precise Trading strategy. Going into crypto without any precise strategy is like diving into a pool without knowing how to swim. You won't survive it.

4) Trading crypto requires a lot of skill and patience. If you're the impatient type, you just want to invest in a coin today and make ×10 tomorrow then you should just forget about making money with crypto.

But you know what...

The best thing about crypto market is that the market never sleeps �

Take profits from crypto, trade some stocks and hold some long term!

Very beautiful stuff right?

About 2 weeks ago there was a crypto blood bath and people started wailing (even person wey no get any coin join)

You forgot there's literally a "cry" in crypto

Yet the once who knows the game keep making a hell of a profit

....and you begin to wonder "how dem dey do this thing, no b the same crypto"

...well those who know the game understands that it's not just about "investing"

It's about understanding...

1) It deep works and timing

2) Finding the right coin

3) Getting in early and most importantly...

4) Knowing exactly when to take profit and exit.

Understanding this 4, is the easiest way to make a hell of a money in crypto and...

If you’re interested in multiplying your money using cryptocurrency, Bitcoin or alt-coins like Ethereum, Ripple and the others...

But you’re just not sure how all of it works, then this will be the most important message you read today. ���

https:///everythingCryptoWB
Re: 4 Reasons Why You Lose Money In Crypto And What You Can Do About It. by olusola400: 1:55pm On May 04, 2021
Pls add 08166399655
Re: 4 Reasons Why You Lose Money In Crypto And What You Can Do About It. by RxCatalyst: 2:29pm On May 04, 2021
Any WhatsApp group for crypto available, please add- 07069296093
Re: 4 Reasons Why You Lose Money In Crypto And What You Can Do About It. by methylade(m): 3:50pm On May 04, 2021
Hi olusola, catalyst

There is actually no group but you can chat me up here https:///message/VDUDQI3EN26WL1

See ya
Re: 4 Reasons Why You Lose Money In Crypto And What You Can Do About It. by methylade(m): 5:15pm On May 05, 2021
Doge really going wide

Those who got in early are hitting it big now

Ye still hodl...


If you’re interested in multiplying your money using cryptocurrency, Bitcoin or alt-coins like Ethereum, Ripple and the others...

But you’re just not sure how all of it works, then this will be the most important message you read today. ���

https:///everythingCryptoWB

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