Volatility some day may harm your economic growth if you only let it to grab your money.Sometimes it is hard to keep the wallet fresh and have a strong bond of security in your financial layer. Whatever the cryptoverse and the wallet system has to give you, there should be a strong financial security for you to have.
I was looking at how to open up an account in a new financial scheme to let money be filled in a separate sector. In the end, it doesn’t matter if you just grow wealth though a combined different set of amount or the same major stream of money to offer.
The truth is everyone of us have our different need and systematically different ways to make strategy, create brands, make your products (online brands, energy, tradable wealths etc) have an impact to lay. According to people, there are many tactics depending on person to person and the strategic change created by individuals can make a difference to the ongoing economic market.
First time as I came to Hive and decentralized platform, I felt the need of being productive and grabbing the information everyday that it has to offer to us. In the 21st century, for every people, community or organizations, information is the key to give to people the opportunities and tools to shape their own destiny and projection of routes.
Being self aware of the economic systems and own plans to tackle it, we should look forward in grabbing the vital benefit from it. When I had $50 of money to invest in crypto, stocks or other virtual assets, I wanted to have an investment readymade through holding tokens and waiting for a time to release and sell them. But chances never come that easy, if you do not be opportunistic.
Because, not selling tokens and grabbing little benefit might make the whole system collapse just within a moments time and thats a bad sign in the end too. In this case, what is important is to be not greedy because FOMO is attached to it and if you don’t sell in the proper time, when the price of your asset is low, you can fall inward and that irreversible loss is not easy to solve, although.
I have a similar story in this case. I even repent nowadays for not looking at those time and grabbing the profit in time. The other side of profit is loss. We should think of it deeply.
The nature of any object or products or the wealths is that, they would lose value some day. We dont know about and assume the unpredictability get going. Because, once the price hits very hard, we can never know when it would be the same again. Waiting for the token to rise again, never happens unless more supply and trade volume extends.
So as in this case, I looked for making the profit but it never got into a good shape. After holding the amount from $45 investment to the $12 reduction, it got to a big slowdown that would be tougher to reach to that stage again. Even the capital being invested and the time also slammed.
So as I just turned to the decision to make a profit scalably. That is just to consider managing capital first and how to reduce the losses and invest safely could help to grow wealth. Smart algorithm works thereby and thats the magic when you adopt the plans to not invest more in the funds that might sleep out of hands.
The choice is personal in the end, too.
