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$XRP
{future}(XRPUSDT)
Advice for those with a small capital and new to the market
Most folks say when you buy a coin it dips, and when you sell it pumps, leading many to lose their funds this way.
Let me break this down for you
The pump trap makes the struggling trader buy, thinking the coin will rise more, but when they buy, the coin dips a few minutes later. This is normal because the mindset you had during your purchase mirrors that of thousands of traders who bought.
When they buy, the supply increases and demand decreases, causing the coin to drop.
So here's some advice, and I hope you follow it:
Don't buy when you see the coin pumping.
Don't put all your cash into one coin.
Make sure to research the coin before buying.
Don't sell when the price drops, no matter what happens, because market nature is supply and demand; just as it dipped today, it'll rise tomorrow.
Remember, you're in the market to profit, not to lose. Most see another coin rising and sell their first coin at a loss, jumping into the second one and selling that at a loss too, falling into the same trap. Don't sell at all.
Buy when the market is down, not up.
Don't sell without making a profit; learn patience,
Share your insights
#strugglingcoins
{future}(XRPUSDT)
Advice for those with a small capital and new to the market
Most folks say when you buy a coin it dips, and when you sell it pumps, leading many to lose their funds this way.
Let me break this down for you
The pump trap makes the struggling trader buy, thinking the coin will rise more, but when they buy, the coin dips a few minutes later. This is normal because the mindset you had during your purchase mirrors that of thousands of traders who bought.
When they buy, the supply increases and demand decreases, causing the coin to drop.
So here's some advice, and I hope you follow it:
Don't buy when you see the coin pumping.
Don't put all your cash into one coin.
Make sure to research the coin before buying.
Don't sell when the price drops, no matter what happens, because market nature is supply and demand; just as it dipped today, it'll rise tomorrow.
Remember, you're in the market to profit, not to lose. Most see another coin rising and sell their first coin at a loss, jumping into the second one and selling that at a loss too, falling into the same trap. Don't sell at all.
Buy when the market is down, not up.
Don't sell without making a profit; learn patience,
Share your insights
#strugglingcoins
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