Shaf
Verified member
We all learn as we do something over and over again and such is the case too with being a cryptocurrency holder or trader.
These lessons would go a long way to help us avoid loss of both our capital and profits made.
One of my most important lessons is on taking profits. This is a skill most noobs do not realize the importance of until it's too late.
Without taking profits, a reversal in market direction or a manipulation of price can lead to losses no one wants.
It's also important to take profits at the right points and at intervals, not at once so you don't miss out on the sometimes, unpredictable profits that occur when some coins pump,like doge and Shiba.
What's your most important lesson in cryptocurrency trading and holding?
These lessons would go a long way to help us avoid loss of both our capital and profits made.
One of my most important lessons is on taking profits. This is a skill most noobs do not realize the importance of until it's too late.
Without taking profits, a reversal in market direction or a manipulation of price can lead to losses no one wants.
It's also important to take profits at the right points and at intervals, not at once so you don't miss out on the sometimes, unpredictable profits that occur when some coins pump,like doge and Shiba.
What's your most important lesson in cryptocurrency trading and holding?
