At the young age of 18, Florian Dibra set out on an exciting journey when he started investing in cryptocurrencies way back in 2017. Here’s what he has to say about it all.
I belive the Cryptocurrency it’s here to stay. That’s why i have a cold wallet for long term that i always Hodl no matter what. I also do Weekly trading, it’s a lot profitable if you do it right.
Once the market drops, I immediately buy as much as I can to raise my profits. For now i think, we are still in a bull market. On the last few weeks the market dropped bcs of the FUD (Fear, Uncertainty, and Doubt) about Bitcoin.
The goal is: Buy Low & Sell High!
If you are new to all this, you need to know for a fact that several large companies have invested in BTC. They have a strong reason to never sell and even buy the new ones because the price keeps soaring high. This is what makes experts say: Crypto is the future!
The 7 Golden Tips
In the beginning, Florian Dibra committed a few mistakes that cost him a lot of money. He doesn’t want anyone to do the same mistakes that he did because some people can’t afford losing!
That’s why Florian Dibra choosed to share some very important tips with us.
1 – Set your own rules and never break them!
Creating your own trading rules comes in handy to get out of trouble when you are in a tough position. Getting distracted and breaking rules can be disastrous.
2 – Keep a safe distance from market gurus.
Never get distracted by sweet talk because it is your money at stake and some people may be working with self-interests, hoping all the buzz eventually fills their pockets.
3 – Always do your research and invest at your own risk.
Being well aware and taking the right steps by calculating the risk properly is what makes you successful.
4 – Good Companies bring Good Profits.
Investing in the right company or project by observing their monthly growth decides everything for you. Not every Crypto is going to survive in the long run, choose wisely because this is trading, not gambling.
5 – Trading it’s 80% waiting and 20% acting!
Have the patience to wait until the coin attains your set goals and then go for selling. You should always wait for the drop in the market, then buy and just repeat. A wise trader never panics!
6 – Buy the Dip!
Keeping an extra balance on USDT allows you to buy the Dip. This strategy allows you to raise your profits.
7- Risk only the amount of money that you can afford to lose.
Never invest your hard-earned money right away. Losing money is really traumatic enough. It is considered to be even more traumatic in case it is the money that must have not been put at risk in the first place.
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