Do Not Blame Crypto Coins When You Can't Handle It

Image by Gerd Altmann from Pixabay

Switching one coin to another is not the reason behind the loss we often experience, reason of loss is always the wrong way we trade and can't handle it properly. Bitcoin or Altcoins both crypto coins worth buying only when you know how to handle these assets. A day before yesterday I became greedy to make profit on instant pump and dump of a altcoin and that was a trap for greedy people. If I hold few hours I could buy deep and could keep continue trading to make profit.

Buying high or low comes later, holding and handling crypto comes first. I bought high but the coin has potential to pump more than my buying price so holding will definitely help making profit from it. Once again I get desperate and switched coin and it was not a wrong decision at all because it helped me making profit on 2-3 times crypto trading. It had high risk but worth taking the risk. A little wait can save a lots of time in the future.

Say you and your friend is waiting for a bus on bus stoppage. You both are ready to go to the same destination. A bus arrived and you got into it. You need to reach your destination in 60 minutes but the bus was running slow. Your friend preferred waiting for another bus that has good name at running faster. She reached the destination in 45 minutes when you reached in 75 minutes. Here two things were important, the one was waiting for the right bus and choosing the right bus that has good mileage.

After researching a bit we easy can know which bus is the right as your friend can suggest you, the right bus can be compared to the right crypto coin we choose to invest. Waiting for the right bus can be compared to waiting for the right time of crypto trading. Sometimes we get desperate and ride in local bus that can waste our time, but a little waiting for the right but with great mileage can save our time. This was just an example, no one invest on crypto that doesn’t worth buying. A person who has no idea on crypto coins can find the right crypto coin for him as we share crypto names with experience.

Choosing the right coin is not a big deal if you know how to hold and handle it. Honestly I'm not yet good at handling my crypto asset. I'll be good when I'll be able to hold patience. Personally I don't hold coins for long time but long time holders can be gainer. Holding crypto coins is also a part of handling crypto coins properly and we shouldn’t blame any coin because every coins has potential if you can trust on it. Bitcoin is the best so I encourage investors to invest on it, altcoins are many in the market and you can invest on your favorite crypto tokens or meme coins. These days meme coins are performing good too.