Three reasons why you can't make money in the cryptocurrency circle
1. You don't invest enough time. Many people asked me, now I don't play games or go out to play after get off work every day, but I still lose money.
--I can only tell you that even if you study for 3 hours a day, it is not enough. Professional Crypto investors work all 12 hours a day, except for eating and sleeping. And we are multi-person, full-time, all in, not to mention big VCs and funds.
2. You lack experience. Many newbies who just entered the industry this year told me that they want to play a contract and a loan. I said don't do it, you can't learn those, just read the white paper honestly, study the fundamentals, and write it down in writing to make a research report. Don't always think about taking shortcuts. I entered the industry in 2016, and several friends also entered the industry in 2017 and 2018, and the latest one entered the industry in 2020.
You have experienced almost three rounds of bull and bear markets. You have no experience in making money, losing lessons, or being cheated. You are seriously inexperienced. How can you make a lot of money with little experience and time? Click the main leaf to follow the official account: Bifangshe, free skirt ban
3. Your trading has no system. Many people who have just come in have no rules at all. When they see a piece of news, they place an order to buy within 5 minutes. If it doesn’t rise after half an hour, they feel uncomfortable and immediately think about cutting it.
Without a mature trading system, you don’t know where the macro position is going? Where is the short-term capital trend, how the sector rotates, and where is the next narrative point.
These are all systematic and strategic. If you mess around without a system or strategy, of course you can’t make money.