Taking Risk To Increase Crypto Asset
Image by Eivind Pedersen from Pixabay
Once again I'm taking risk to increase my crypto asset and I sold my crypto coins when it is a loss for me but accumulating crypto coins can recover this loss. Maybe I'm getting desperate once again but sitting idle has no potential of gain and already two weeks gone and I made nothing from my previous buy. If market start pumping, it can cause me loss once again and it will cause both time and money loss. I sold my crypto that I can buy again when it will be down and I may buy again when my crypto will be down a little.
Time will say if my decision is right or wrong but taking risk was necessary. Gaining asset should be my aim. Though the aim helped me increasing my crypto asset in the past but as always I got impatient and sold them for small pump. Now I'm at serious loss and I need more than thousand of dollars to recover previous losses. It was hard for me seeing the asset value reduction and the decision I've taken can be profitable if my crypto coins price will dump again.
Not expecting the deepest but at least as much can help me accumulating crypto coins for next pump. This morning when my crypto coins were pumping I thought this could be the chance though it doesn’t guarantee me profit but it has chances to increase my crypto asset at least. Every time I promise myself to trade wisely but situation force me to take this kind of risk. Either I will gain crypto or I will regret on this risk but buying deep can be possible as crypto will get down sooner than crypto pump usually.
The crypto I've in my wallet is not enough for trading and I'm thirsty for more crypto coins. When I don't have opportunity to make money from crypto investment then better we focus on growing crypto asset with the time because the more crypto makes us feel more powerful in personal finance. Last few months I've lost more than 60% of my total asset. So the asset value reduction really affect my personal finance.
This is not possible to overcome the previous losses over a night but risk taking is the only way that we can work on building our crypto coins. Time may bring good luck for crypto investors and include me one of them. Bitcoin price is above $60k once again and this is a hope that crypto market will be green and get back to expected price value. Altcoins dump was frustrating but Altcoins pump can surprise us too so we should think positive and wait for it.
Thanks For Stopping By!!
This is a real personal experience, thanks for the sharing.