Image by Gerd Altmann
Recently the altcoin and token pump performance in crypto market looks like there are many coins that worth buying but is that easy to trust them all? Before buying I always prefer checking background because there are many scammers crowded in the crypto market and these scammers ruin the reputation of cryptos market and break the trust of investors. At the same time new coins sometimes pump like go to the moon and whoever buy it or invest on it can collect 2x-5x or more profit just once buy when its dip.
Let me share my trading experience of yesterday and I bought at risk as market waa high and the coin was also high but I was so insecure that I sold it for small profit as always when I could make 2x profit than the profit I made. Holding coins here only possible when you are ready or afford but somehow I'm not yet ready and confident even the coin is trustworthy and having good reputation in the market and doing business for long time.
Getting desperate to buy can cause probable losses so buying wisely is most important and we can stay in the range of 24 hours highest and lowest and this helps having a good decision for trading but at the same time the unexpected things also happen here but waiting or holding is the key to success on such cases. In the past there were coins that scam and many of you all know those coins with good position in the market.
Having trust and confidence is important for an investor. Risk takers are not loser even I better call them BRAVE who knows how to take advantage of the market and they are experts on trading. When you don't have fair of losing money then you can do anything with the money but I'm a kind of person who care about money, investment and asset that earned from the work.
Once I trust scammers and took the biggest risk and lost half of my asset and after that scam I stopped having trust on trustworthy sources and invest on those. I believe worth buying crypto coins are many but having trust and confidence is important. Bitcoin as the boss coin is trustworthy but remember one thing is that crypto doesn’t guarantee you to make you rich financially. Here positive, negative, ups and down is very common like it is common in our real life.
Thanks For Stopping By!!
