A little advice for newcomers in the cryptocurrency circle
1. The price of the coin has entered a stable upward channel. Each callback is a temporary stop, which is a good opportunity for us to get on the bus. There is no coin that keeps rising. The callback is like a spring compression, in order to jump higher.
2. If it enters a certain downward channel, any rebound is an opportunity to get off the bus. Once the trend goes bad, it may take more than half a year to rise again. Don't resist orders and don't waste your time.
3. The short-term rise and fall depends on emotions and fundamentals. Don't stare at the three melons and two dates in the long run. Just like the current market sentiment is in place, the fundamentals determine the length and width of the rise.
4. The bottom judged by humans is basically not the bottom, but the halfway point. The formation of the real bottom depends on emotions and funds. So don't blindly buy the bottom. Often 9 out of 10 copies are trapped.
5. Don't rely too much on good news. The real market is to play with expectations. Many retail investors like to listen to news to speculate in coins, but most of what you hear is what others want you to hear. Even if it is true, you don't know how many hands have passed. When you know it, the market is almost over.
6. Don't increase leverage at will, it will not increase your winning rate. Once you lose money, the value will be infinitely magnified. Don't increase your risk.
7. Do the opposite of your normal thinking.
8. Search for blockchain Lao Xiang on Weibo, learn and communicate together to avoid buying junk coins #BTC、
