There is no place for emotions in the market, determining entry and exit points before entering any deal is the path to success, and adhering to the strategy is the most important.
mohammed_badawi
--
Why is it hard to become a millionaire with cryptocurrencies? 💰
Let's take it step by step: 🎯 Most of us use platforms like Binance daily or from time to time. 🎯 Let's assume you bought a cryptocurrency like $ABC at a price of 0.08 dollars and invested 500 dollars. 🎯 After a few days, the price rose to 0.25 dollars, and your investments became 1,562 dollars. Most people sell here without much thought. 🎯 If you didn't sell and the price continued to rise to 0.90 dollars, your wallet would be 5,625 dollars! Most people sell quickly at this point. 🎯 The problem is that you don't know if the currency will rise further and reach, for example, 12 dollars; then your wallet could become 75,000 dollars! 🎯 After that, it's normal for the market to correct the price and drop to 4 dollars per coin, so your wallet becomes 25,000 dollars after the drop.
The lesson: Patience in investing and working smartly is what creates big profits. Most people sell early, which is why few of them quickly achieve wealth from cryptocurrencies.
$BTC $BNB $XRP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.