In crypto losing both capital and profit is quite easy and there are some factors which sometimes if not all the time influences this act, well in my early days in crypto, and Gems investing I had always relied on calls from crypto analysts on telegram groups for trading calls which some of them which I ventured into after carrying out DYOR and I could understand the project use case I would then invest.
One for those experience was me aping into Dent with just $25 and within the space of two weeks the tokens which I was able to bag with valued at $600+, that was a lot of profit for me with that time period as time progressed I started losing my profit as the bearish market which set in then accelerated the price decline. So the question is why didn’t you take profit as at when due, well I was a bit greedy I need more for myself and I was a bit optimistic that it will do a double of the previous run but the market had a mind of it’s own. Well we learn everyday and I have learnt to always set and take profit regardless of the market bullish movement.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this article.
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura
Posted Using LeoFinance Alpha