Most People are worried of the dangerous and unstable nature of cryptocurrencies which can be seen in coinmarket cap website . (looking at things in the opposite way), however, smart (people or businesses who give money to help start businesses) are making supernormal (money made/good things received) because of knowing how to ride the dangerous nature/wild up and down prices wave while fuders and emotional traders are the daily victims of the dangerous and unstable crypto markets. More than that, the interesting part of the crypto market is its dangerous and unstable nature which makes it possible to make daily (money made/good things received) (for day traders) and ability to enter a top market during panic selling periods. The question, however : do we know how to ride the dangerous nature/wild up and down prices wave? Or will we just give up the ghost to fuders? Here are some few point
Crytos are Not for faint hearted :
Cryptocurrencies are not for faint hearted , therefore if you know that you easily panic / extreme stressful when steem or your coins/tokens are red then this industry is not for you because you can easily sell off all very low even the coins you bought high. The best thing to do is to forget checking the ups and downs of crypto markets on daily basis and target long term holding of some good coins/tokens-which will (promise that something will definitely happen or that something will definitely work as described) you a good (money made/good thing received).
Buy low , sell high:
Day traders can always make some daily makes money by buying low (during panic selling periods) and selling high - when markets recover. Never join fuders or emotional traders to sell off your investments due to bad news from governments, banks or any other thing/business that might want to create fear in order to buy cheap coins.
#HODL
: those who hodl (hold) in the long run always make supernormal (money made/good things received) because of the positive outlook of blockchain technology especially steem blockchain. Do you know that most whales bought steem at less than 10cent? Which means that they are now on supernormal makes money by holding (powering up their steem) and so are enjoying the (money made/good things received) of being a whale -on daily basis.
Branch out into different things Long Term:
Holding long term is great however you have to (branch out into different things) too by selecting steem plus some top (assigned too low a value to) coins/tokens especially now that they are cheap. See white list section of www.elyte.tech for an example. This (success plan(s)/way(s) of reaching goals) will (promise that something will definitely happen or that something will definitely work as described) you a positive ROI (return on investment) and being able to take advantage of the dangerous nature/wild up and down prices nature of cryptocurrencies.
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