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Newcomers are still afraid to enter the digital market, as cryptocurrencies are quite volatile and they can lose their deposits or they do not have enough patience for assets to grow two or three times
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When the market goes down, on the contrary, I buy even more assets and play for a decrease, it helps to increase the deposit and trade more often
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The best teacher in trading digital assets is a constant practice and monitoring of various cryptocurrencies, then you can know how many percent changes during the month, week and place orders
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The market will certainly recover, but it is important to create other sources of income in addition to the digital market, here you can add the stock market, real estate and car rental, your own business, the more cash flows, the more variety of investment tools you can use
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Bitcoin of course in the portfolio should be more, but you need to distribute your capital on other promising projects, for example, within two days only such a cryptocurrency as WPR gave 100% growth, the products of other startups are beginning to be used, the developers are serious about their business
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Fast trading strategy is not always effective, because you surely can not always correctly predict the price change in any direction, it is easier to put a certain percentage of profit and wait for its achievement
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I honestly started trading six months ago and I want to say that only the real practice of selling and buying assets will help to learn and earn in the market, because fundamental and technical analysis does not always work when there are major players
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In terms of investment, it is very rare to create a large capital in a short period of time, you need to consistently save 10-20% of your monthly income and diversify your investment portfolio and then a complex percentage in the long term will make it possible to achieve great goals!
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As practice shows, many professional and successful investors need to combine several strategies, do not be greedy and fix the profit, no matter how promising the niche was not, it will be replaced by others and you need to have time to earn on trends
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#Authentication Post
Participate campaigns: App campaign, Facebook, Content, Signature
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During the flat, you need to properly allocate your capital, keep about 30% for short-term and medium-term trading, the rest of the hold, this is the best strategy for me personally, since I can devote enough time to buying, selling and analyzing cryptocurrencies on a daily basis
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I agree with the author of this topic, and in general in life you need to try to create several sources of income, such as acquaintance with the digital market, I started with an investment project, then began to make bounty, now I also trade additionally!
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#Proof Authentication
Bitcointalk username: Aivaryamal
Campaign in which you participate: Content and Linkedin campaign
GEX address: GQx532eVFfdF228G85fg7px22kNZsY83zp
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The power of compound interest really works great miracles and allows small percent to build huge capitals, but it is necessary for this purpose patience and discipline, strictly to follow the certain purposes!
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While a small number of people are investing in cryptocurrency due to its high volatility, lack of legal regulation and fraud in this area, now many companies, businesses are beginning to introduce blockchain technology
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