Advice for friends in the cryptocurrency circle
1. 90% of your wealth is earned in 10% of your time, so it is important not to be fully invested. You must make friends with time and use 90% to wait for opportunities. New investors are unwilling to be short or even half-invested, so they must jump in. This fear of missing out is also a necessary stage for every novice.
2. You must set stop-profit and stop-loss. It is not great to buy, but it is a master to sell.
3. When others buy something to make a fortune, you must be afraid of missing it when you hear the news. Remember, the moment you hear the news, it is too late. If you go in, you will take over at a high position, which is a huge risk.
4. Don't have faith in a certain coin, identify the outlet, and leave when you make money. Wait quietly for the next outlet. Don't think that if you choose the right outlet, even pigs can fly. The cryptocurrency circle is not about who makes money faster, but who can live longer.
5. Don't believe in getting rich overnight, but you must believe in the power of compound interest. You can only earn money within your cognitive range.
6. There are risks in entering the market, so you must be cautious when investing. You must leave yourself a way out before you step into this circle.
