Want to get rich in crypto? Then get used to taking risks (well-calculated risks)

I am very sure that all of us must have heard or have learned in our schools or from somewhere else that the higher the risks you take that will create potential for higher profits or rewards that you will make but that does not mean that you should be dumb or unwise with you investments taking incredibly stupid risks like you are in a casino in Los Angeles, be smart with your investments and take well-calculated risks that your winning rate will be way higher than your losing rate, which means you will be making net profits and growing your crypto portfolio. Investment is never a piece of cake will, there will always be a bear market or crypto winter, learn to HODL and not make hasty decisions without thinking it through properly, Panicking and reacting can rarely result in something positive. Don't you agree?

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And yes it is hard not to panic when your portfolio takes a hit or bleeds because we are all humans and we have emotions, but if you keep calm and stay focused on the long-term goal, you will find yourself making more money than ever before, Risk and reward go hand in hand in the crypto market, every trade you take there is a risk of it going south or against you no matter how much time you put into doing your research and analysis on that coin but also It is very important to do your own research and understand the potential risks before making any investments or taking any trade or trades it helps you to stay confident in the decision you have made, so you can stand by it and not shake or panic sell when the market dips a bit or corrects.

The is no doubt that Crypto assets can and will give you massive or huge returns, also it comes with massive risks as well. Although Bitcoin is less risky and a great savings account that brings returns as it recovers every time it dips, no matter how much it dips or how long it dips. But Altcoins are very risky most times but can easily make anyone rich. You have to do your research and take the risks that you can tolerate to avoid panic selling too early. But most people keep thinking of crypto like gambling or maybe poker. Which is very bad because:

• They do not risk money they can afford to lose.
• They assume they will have wild swings and that they will lose more often than they will win, which is the wrong mindset.
• Have a positive mindset, take well-calculated risks, and keep your wins higher than your losses.

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