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How not to be a hamster? ⠀ Real investors approach the crypto | Crypto Ocean

How not to be a hamster?

Real investors approach the cryptocurrency markets very differently than mere cryptans. I prepared some basic investing strategies for you to improve your earning skills

A hamster is a Crypto-currency novice who invests money and then loses it.

1. Planning horizon
Professionals make their plans 3-5 years in advance, unlike hamsters who want to make money here and now.
To be successful in cryptocurrency investing, it's important to make a long-term plan.

2. Experience
Funds have over 10 years of investing experience, while your "trader guru" is just beginning his or her journey in investing.

It takes time to understand how the market works, and simply copying other investors' trades or applying trading signals will not make you more experienced. Most people lose money and leave the market. Choose the long way and learn from your mistakes.

3. Connecting with other people
If you think that crypto whales negotiate among themselves for their own benefit, it is true.

It's important to network with other experienced players, share ideas and gain new information. Cryptocurrency provides unique opportunities to network and make new friends. Share information and strive for success. The community is very important.

4. Expectations
Institutional investors focus on future expectations and analyze the market's reaction to a new price, knowing the entry and exit point and adjusting their strategy.

Hamsters often react to price changes without a clear plan of action. They tend to think that the market will always go up when prices go up, and consider cryptocurrency a scam when it starts to fall. This is easy to manage and manipulate

There are many different kinds of monetization. For example:
Pumping and dumping. Artificial "pumping" or collapse in the value of the asset.
Trading bots.
Media manipulation. The media spreads rumors about cooperation, listings or bans, disruptions, etc. As a result, the price of the asset moves in the right direction under the influence of fake news.

Some things seem obvious, but they are often forgotten. Planning horizon, experience and connections help manage risk. All of these things are your advantage

Are you a hamster?

Yes -
No -

Crypto_Ocean