Prices rise and fall dramatically in cryptocurrency ; How do you take it to advantage and make more money from it.

It is not new and it is an undeniable fact that cryptocurrency is highly volatile as prices rises and falls almost ridiculously in the crypto market.
As this is a concern for many investors and newbies in the crypto world i believe there are some things that can be done to minimize the risk of loosing and also maximize the potential of its high volatility and how it can favour you.

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Stick with me as we go through the journey together.
Firstly, i would like to talk about minimizing loss and one of the most efficient way to minimize loss is to diversify your crypto portfolio, it might seem risky to actually spread your investment but it has proved to be effective when minimizing loss because when you probably lose in one you will have one to fall back to unlike having it all in one place then you lose all at once. So i believe its more effective to minimize loss when you diversify your crypto portfolio.
Another way is to dollar cost average; this is for people who are in the cryptosystem for the long term, when you dollar cost average you tend to safe yourself from potential losses when the crypto market dips and when its in minimal range you're still good to go.
To maximize the rise and fall opportunity i think the best is to buy and hodl.
This proves effective when the market prices falls and then you buy and then you hodl until the market is back on its feets and luckily even moves up higher than its highest point, then you make a lot of money and with that you have maximized the dramatic rise and fall in the cryptosystem.
There are many other ways to minimize and maximize your investment from loosing it and also make the most opportunity from the volatility.

Thanks for viewing my post and do have a lovely day.

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