Farcaster

Today, one of our chat members asked an interesting question, that is pretty typical for such a period of crypto market, so I decided to write several world and remind you some fundamental things.

Don’t forget the most fundamental rule: buy low sell high. In other words, buy when the market is red and sell when it’s green. Or in other words: increase your risks when the market is red, and reduce risks when the market is green.

Another golden rule: there’s no human in the world who can tell you what price will be tomorrow or in one month. If you try to guess, it means you think in wrong direction. Then you answer for yourself who you are: investor, airdrop hunter, gambler, trader or somebody else. When you identify yourself, you need to follow the rules for the proper category.

For example, if you’re investor, you’ll not try guessing whether we will have altcoin season or not. Why? Because according to the investing rules, you have your investments strategy and you’ve already started to reduce risks.

Nothing changed in the world...