Crypto Lesson - Move Your Cards Before Cards Remove You !

Many of the people tend to be focused of profit and thus they are called "profit mongers". The prime objective of a business initiative or a personal project is to build a career and to be able to have the mindset to carry it on with the primary aim of increasing the portfolio.

I have seen some of the people in crypto to be driven to have an itchy tendency to look for short term gain. They think that when an investment of $50 can give back $80 within no big time - thats a profit and lets draw it out of the chain.

Almost 80% of the crypto users do think and act this way. Although they forget the matter of learning and working diligently, having a good mind to observe and bring adjustments when needed to make a move.

One thing I always try to remember that, with my short and little experience that I gathered staying in the pitch and other journals of crypto that - one should play their cards and make subtle to giant shift and adjustments by dint of wit and experience - also combined by presence.
[This GIF Is From Inleo Archive]

What is the reason behind such combination ?

Its because, those who win are those who can think differently in the same selective situation and context. The number or percentage of that is 2%-5% of people.

Use the brain and knowledge while making a decision and tend to grab the chance and opportunity provided.

I have felt that ideas are much more powerful and that can bring a good fortune to the economic life who cling to it.

There are times when one has to decide to swap and change to platforms and also the crypto asset for a better output and outcome. It is such a timely move that ensure the future financial position and standing.

For example, if a person is in a investment context of $5k asset into multiple tokens, starting from solana, Eth & Hive. Though it will always vary from person to person.

But what he should think and act when two of the price of them start to follow downtrend and prices falling down in most unexpected manners ?

Such market behaviour will always be there and thats why I propose to work hard and not only that, but having the tendency and wit to act on the presence and what the time demands.

A person in such context should both be minimalistic or choosing a different tactic to allocate 50% of the assets of $5k into Hive if possible and the token is going through a bull cycle or fund it by swapping token and amount into ETH as his last option.

The demands are always higher and timely move is needed to follow to get a quick remedy of a problem thats changing. One could lose price 80% with no big time and in that case capital will be lost.

To not to get into it, the best option is to try to swap and finding a better angle of looking and letting it to grow and retain the target of sell and move out to cash when needed.

In the end, experience will show the path where to move and only the years the moves will be better.

Whats your say about this ?

Posted Using InLeo Alpha



0
0
0.000
3 comments
avatar

Congratulations @leophile! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You published more than 70 posts.
Your next target is to reach 80 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Feedback from the April Hive Power Up Day
Hive Power Up Month Challenge - March 2024 Winners List
Be ready for the May edition of the Hive Power Up Month!
0
0
0.000
avatar

This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @alokkumar121 by upvoting this comment and support the community by voting the posts made by @indiaunited.

0
0
0.000
avatar

Thanks for the tip up !
I appreciate your suggestions.
Keep growing . 👍

0
0
0.000