Crypto has different characteristics from other types of investment instruments such as stocks, bonds, mutual funds, gold, etc., so investors must not only master the general principles of investment but also learn the specific principles contained in crypto.
1. Study Market Dynamics for Take Profit
Market dynamics which means related to factors that can change crypto prices, especially when prices skyrocket, investors must be able to take profit from some of their investments, so that investors do not miss golden opportunities, because they are waiting for higher prices, but the price has already slid down.
2. Avoid FUD and FOMO
FUD and FOMO often cause losses for investors, the best way to avoid FUD and FOMO is to seek information from various sources so that investors can be more neutral and objective.
1. Study Market Dynamics for Take Profit
Market dynamics which means related to factors that can change crypto prices, especially when prices skyrocket, investors must be able to take profit from some of their investments, so that investors do not miss golden opportunities, because they are waiting for higher prices, but the price has already slid down.
2. Avoid FUD and FOMO
FUD and FOMO often cause losses for investors, the best way to avoid FUD and FOMO is to seek information from various sources so that investors can be more neutral and objective.