Teach you five tips to easily grasp the market
First, never chase high prices; only buy low-priced varieties. As long as your chosen variety is not too poor and won't be delisted, it will eventually see a wave of market movement.
Second, do not engage in short-term trading with spot; only focus on medium to long-term. We need to be mindful; short-term trading requires high technical skills, mindset, time, and energy, which makes it the most difficult. Retail investors have the advantage of time, so just watch weekly and daily low points to enter and wait.
Third, do not buy more than three varieties with a total of 500 million; do not exceed three varieties. The probability of doubling your investment in two varieties at the same time is greater than that of buying ten varieties.
Fourth, lower your expectations. Don't always think about buying something that will multiply in a year, and then when it rises, you don't sell. If you can't sell, wait until the main upward trend approaches historical high points to sell.
Fifth, reduce trading frequency. Retail investors should not think about trading every day or every week, as this is likely to result in losses. It is indeed difficult to be in cash, but you must overcome it. You can make one trade a month and aim to get it right each time.
Recently, I plan to ambush a potential coin that is about to surge; doubling is quite simple. I am also looking for some potential coins to hold until the end of the year, with an expected growth of over ten times being no problem. If you want to follow along, watch my bamboo leaves, leave a message, follow, like, and join my QQ group.