I see a lot of all these crypto influencers or people on crypto Twitter dash out bad pieces of advice, claiming to be crypto trading pros, here is the kind of advice I am talking about "Bitcoin pro tip: buy anytime, sell never", this advice is very because what is the whole point of investing if you are never going to Sell or Take Profit for your hard work, it is just like working without getting any returns or rewards, which is definitely not the point of investing in the first place.

What Is an Investment?

An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.

For example: we invest in our various businesses especially the ones that involve buying and selling goods and products, after the sales of these products we take our profit and reinvest again into the business to make it grow, your crypto portfolio is not different, now imagine that businesswoman or businessman does not sell any of his or her products he or she would not make any gains or profits and they will definitely not have any money to reinvest because it is all tired down because they do not want to sell, which is dumb.

For those who work 9 to 5 jobs, imagine that at the end of the month, you did not get paid your salary after investing your time through that month working like crazy, that right there for me is the same as telling people to buy a coin and hold for infinity or eternity, which is what never selling means, now do not get me wrong you can hold your coins for long term and when you make your profit sell and take your profit then you can buy back again when the coin dips, never selling means holding your coins throughout the crypto winter make your profit for the hard work done and later not selling and taking reward for your hard work then you wait for the coin to dip again losing all your profit in the process and starting all over again on repeat. Meaning you make no money or profit.

PLEASE FOLLOW ME ON: Discord: onwugbenuvictor#3447 Twitter: @VictorOnwugbenu

Posted Using LeoFinance ^Beta