Process in Making money on crypto

Wiserr

Active member
Making money in Crypto is extremely easy. As long as you follow a few simple rules that i learned so far:

1) Wait for the price to drop, buy out when everybody is panicking (preferably - 20% or more price drop, usually around the start of fhe year)
2) Avoid investing or hodling on meme coins and sheet projects. If you have to, invest small amounts of money, buy on a dip and sell when the price rises , dont HODL here. Treat it as gambling basically.
3) HODL on good projects and top 10 crypyos. Sell your profits when 2x or more but dont sell all of it, cause you bought it at a good price before. It will rise again.
4) Dont buy on a bull run, prices are high and the FOMO is real. If you buy, prices will go down and you will have to wait a whole year in some cases to sell without a loss
5) Dont impulse buy and have a long run mentality.
I think this are some of the basic steps in crypto trading
These are the lessons i learned so far in 6 months of crypto investing (not to be confused with trading). Still at a profit.,
I
 
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