Greetings to all users of our blockchain #HIVE, especially to all those users who like to make investments in the crypto market, the title of my publication beyond being a brief introductory text, is a thoughtful message for people who want to start investing in cryptocurrencies.

Those who wish to, or are considering investing in cryptocurrencies, it is good to know that impatience and greed alter the normal development of any trading strategy, although human greed is infinite and leads many people to failure, impatience ends up being a more toxic factor than greed itself, as it blocks the person psychologically.

Those who are venturing to buy cryptocurrencies in the current scenario where the price of Bitcoin has retreated in the last week about 14%, my humble recommendation is to study and invest time in evaluating the investment strategy, establishing the amount you want to invest in the retracement lines, in addition to weighing the amount you want to sell in the resistance lines, and also how much you want to accumulate.

Fig. 2 Bitcoin in the last week experienced a price decline of nearly 14%. Image captured from: Coingecko.com

Taking risks always has its advantage, I would like to comment that I capitalized good results in the recent price collapse, at this moment I am taking profits, a few months ago I took the risk of investing in Cardano (ADA), and to my good fortune ADA unlike the rest of the cryptocurrencies in the last 24 hours contrary to the behavior of BTC, Cardano experienced a price rebound of more than 14%.

Fig. 3 ADA en las últimas 24 horas experimentó un repunte de precios superior al 14%. Image captured from: Coingecko.com

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✔ The cover image corresponds to a screenshot taken by the author: @lupafilotaxia from: Coingecko.com

It is a contradiction to want to earn a lot of money without taking risks

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