In a bull market, watching others making a lot of money, it is really tempting. But we have to be rational, not just jealous, we have to learn other people's tricks, avoid the pitfalls they have stepped on, and stick to our own routines and rules.
I have summarized two simple ways to make money:
1️⃣ All-in + dead-holding, if this is right, the return is simply amazing, but the risk is also high. You have to choose the right currency, and you have to have vision and be able to keep calm. Ordinary people, including those who play contracts and quantitative experts, may not be able to play it.
2️⃣ Band operation, the advantage of this method is that there are many opportunities and it is suitable for most people, but the difficulty lies in how to make money continuously. The position and price must be grasped well. If you sell too early, you will regret it and the profit will shrink. If you sell too late, you are afraid of being trapped. So you have to be both offensive and defensive. When attacking, don't be greedy and chase high. Withdraw a little when you make a little profit and leave some bottom positions; when defending, you must reduce your position to protect your principal and don't let all the profits go back.
Some people are aggressive and make money quickly when the market is good, but they fall into trouble if they are not careful; some people are too conservative and can't make much money no matter how good the market is. I try to find a balance between the two. Recently, I have added two new functions to the strategy. One is to protect the bottom position and profit and prevent them from slipping away easily. The other is "double bottom position" to give myself more opportunities to get on the train.
Now BTC has pulled back to 95,000, and the market has exploded! In this situation, it is most suitable to lay out ambush potential altcoins! I have carefully selected a currency that is expected to be 2-3 times in the short term and 5-10 times in the long term. Leave a message + like, and share it for free!