I am going to be explaining some things from the above topic ,so that amateur crypto investors can understand it clearly.
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Firstly I would like tell you that before you can earn in crypto their are some things you should do and some things you should set your mind into , so that you will be ready for anything that comes your way, whether it is profit or loss.
When we talk about speculating; it means that you have a theory or you hold to something just because you heard it anywhere without firm evidence, you are hoping to gain from it but it is also has a high risk of loss.
Volatility to put it in simple terms is just the ability of something to change rapidly or unpredictably whether to the good side or to the bad side.
Now I will assume you know what speculate and volatility means especially when I said highly volatile, yes it is .
Now before you can earn in cryptocurrency you have have to have it at the back of your mind that or have the mindset that you can lose your money anytime and also you can make massive gain from it anytime, it just depends on how you play your card as it really matters .
That is why crypto geeks also find it advisable to always invest in crypto with only like a 5quota of your assets, to be on a safer side as you won’t be happy when you lose your money but the mindset that you had when you began trading will be able to control you as you had expected it to happen either ways.
Let us all know that ordinary speculation can lead to massive loss when it comes to cryptocurrency and have a nice time trading.
I hope crypto geeks can talk more about this topic.
Thanks for viewing my post and do have a lovely day.
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