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Three basic rules in cryptocurrency investment
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[QUOTE="Mika, post: 253275, member: 29399"] I have invested in crypto market, here are my investing strategies. Set a buy order limit: Crypto market is very volatile, it goes up and down frequently. Anything from political upheaval to inflation, recession, economic policy, etc, can move crypto price. When Russia started war in Ukraine, crypto market fell. But after few weeks the market improved, thanks to Russia selling oil for Bitcoin and Ukraine receiving donation in crypto. Therefore, when you set a minimum biy order limit, the bot will automatically buy for you when the price falls. Invest for a long term: I started investing in crypto in the beginning of 2021. Before that I was mainly using crypto as a payment option and used to convert crypto to fiat as soon as I received. When I decided to invest, I made a 5-year plan. This is the reason I am not afraid of the current bear market and I am not panic selling. [/QUOTE]
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