🔑 Take these tips and stick to them:
🚫 Don’t be a follower in your trades:
• Sometimes, market sentiment can change after learning about a news event, causing prices to rise or fall. If you get too influenced by these movements, you may end up buying at the highest price or selling at the lowest price.
• When the market is experiencing high volatility, it is important to stick to your plan.
🏆 Take a broader view of the market:
• Markets do not always react to important news events in the way you might expect. Poor earnings performance can continue to see a stock price grow, and rising interest rates can lead to a currency falling. Prices in financial markets are also affected by a large number of interconnected factors, which are difficult to understand at first.
• If you are not aware of the reason behind a big price move in the first place, do some research to learn from that lesson the next time. It can ultimately give you an advantage.
#WillBTCBreak100KSoon? #cryptomarketcapATH #BTCBreaks89k #Devcon2024 #HaveYouBinanced
