Holding too many coins at the same time in crypto, is not advisable.

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Image by Adam Nowakowski

So I know will want to make money from Trading crypto, that's the reason we all got into the crypto industry in the first place.

It doesn't mean we should buy everything we see, we should learn how to trade smart, because it's not possible for you to buy all the coin's in the market, there are more than 4,000 cryptocurrencies in the world.

You can't buy them all, for me personally I don't hold more than 5 coins at a time anymore, before I should to buy to many coins with little little units, I noticed I wasn't making much, but if there is a huge dip in Market which affects all the coin's I will be in huge lose.

Till I found out that it's better to hold fewer coin with larger units to maximize your profit and control your losses.

It better to sell of the less performing coin amongst the coin's you're holding to get a new coin, but after you have done proper research and analysis on both coins before swap or sell one to buy the other. So you regret you decision.

Also holding too many coins will hold your money down, but when holding fewer coin it gives you room to be able buy the dip if it happens. Because the main aim of invest it to make money not play your emotions and overwhelm yourself try to watch all the coin's.

Keep it simple, don't stress your self out.

Posted Using LeoFinance Beta



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