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Can't hold coins? This article is written for you!
Are you always hesitant in the crypto world? You dare not hold when the price pumps, hesitate to buy when the price falls, want to dump as soon as you make a profit, and want to flee the market at the slightest pullback. If you are such an investor, please take a few minutes to read this article, it will provide you with answers. The root of the problem:
The root cause of the problem lies in your lack of sufficient understanding of the currencies you invest in. You are not clear about their nature, purpose, and contribution to blockchain technology. If you agree with this, please continue reading, this article will provide you with solutions. Build real confidence:
To hold a currency for the long term, the key is "confidence". The Bible says, "Now faith is the substance of things hoped for, the evidence of things not seen." This means that true faith is a firm belief in things that have not yet happened or been seen. In the crypto world, especially for long-term investors, if you lack confidence in your investment, you will not be able to hold it firmly. This confidence cannot be given by others. When the price of the currency falls, others' recommendations and guarantees cannot calm your panic. True confidence comes from your deep understanding of the currency - you understand its function, its value to the blockchain, and how this value translates into future prices. If you haven't read the White Paper of Bitcoin, it's recommended that you do so, so you can understand why BTC can reach a high of $100,000, and why only BTC can reach such heights. Understanding the value of the currency in depth:
Only when you deeply understand the value of the coins you hold, can you truly hold onto the coins and maintain a calm mindset when the market is falling. Trading skills and Position management:
Of course, confidence alone is not enough. As a trader, if you do not understand trading skills and Position management, it is also difficult to establish yourself in the market. Fortunately, as long as you are willing to learn, you can easily find relevant tutorials and videos on these topics. In this issue, we mainly discuss the importance of confidence, and we will talk about other content later. #BTC#
If you have finished reading this article, please leave the coin you like in the comment section for a random TokenAirdrop.
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