All people in the cryptocurrency industry have a common problem! I have a trick that can cure it 99% of the time!
We in the cryptocurrency industry just like to chase ups and downs. When we see an increase, we want to chase it in, and when we see a decrease, we sell it immediately! $BNB
So we are often trapped and often cut our meat! If you are like this, it means that you are already terminally ill!
Like it, I will teach you that 99% of you will not encounter this situation again!
First of all, it is the mentality. You must know that investment is a long process and avoid being swayed by short-term emotions.
You can take a plane when you are emotional, and make a decision after you calm down.
Have an investment plan. Determine the investment goals, risk tolerance and investment period before investing.
For example, set the asset allocation ratio
3:4:3!
You must also conduct research on the investment target. You must understand the circulation of the project, the market value, whether the contract has any mechanism, etc.
For example, the total amount of Bitcoin is 21 million, and Dogecoin will be issued every year. You must understand it clearly!