Monday, January 24, 2022

3 THINGS EVERY CRYPTO HOLDERS SHOULD NOTE;

 In the history of crypto starting from the year 2009 when Nakamoto Satoshi , a mysterious creator invented Bitcoin as the first and largest crypto currency, it will interest you to know that Bitcoin (BTC) as shortly called was as low as below 0.5 dollar which was the best time to invest in it , but gaze what? 

Fear and ignorance took many away from         the reality and power of this great

 opportunity which many lived today to regret . The crypto market began as early as that , so many people who had the mind, ventured into it , along the line due to its fluctuations at some point due to fear of loss and imbalance  so many holders sold at a cheap rate which today, it is of a big regret to them and a shock too to  see the risen beneficial prize of what they were afraid of , good enough some never believed it was a scam as normally addressed , that set of people today who invested without fear  controls the world financially, to buttress my point on this , using Elon musk as a good example he is recently the world richest being on Earth as record may have it , even though he has other ways through which he earns like the Tesla company , aside this crypto , Bitcoin (BTC) precisely got him to this level which in recent trend he is to be the first ever trillionaire  in dollar in the world and that is among the 3things to be further explained below;

3 things , that makes you a good crypto holder in the crypto market.

 First of all there 3 categories of people in the crypto market, you are either  :

A. Trader

B. Investor

C. Hodl

Judging every being involved in the crypto market this 3 major tips and categories is very important because some people just venture into the market without possibly understand what it is  all about some who in one way or the other engage in the market can't really differentiate  between this categories of people not even note where in this categories they fall in, and this is why some loose their money out of fear and ignorance . Before any one goes in to the crypto business he or she should first or all ask himself or herself the above mentioned points as a question like :

Am I a trader?

An investors ?

Or am I buying to hold for a long time before selling off to make profit ?

Once this questions is answered then you are good to go!

The 3 points explained :

A. Trader: in the crypto market  a trader is someone who buys  a coin and on that note creates  an account i.e in binace futures or any other trading platforms like:

Gate.oi , binance, Enjin wallet, metamask etc , with  the aim of buying  or selling coin over another with a triggered price , the trader can be a day trader , a scalper , or a professional trader (long time holders of trade) , he makes his profit any day and any time and also in cure losses too.

B. Investor: an investor in the crypto market is someone or a group of people who buys a particular coin in a low price with the intention to sell when the market goes bullish (increases in price) e.g the crypto whales , they comes in to buy low price and sells at a higher price and at a little time causes fluctuations in the market when they sells because they buys in a large quantities.

C Holder : a crypto holder is majorly considered as long term investors in the market , this set of people buys a particular coin, holds it for like  years like ; 10 to 15 years before selling , when the coin price might have grown to a point of selling consideration as they may assume .

So, in the crypto market it is adviced as a biginner who wish to go into crypto, to first of all, know where you belong in the above listed and explained tips before you kick off to avoid regrets due to loss of funds.




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