Can ordinary people really turn their fortunes around by speculating in cryptocurrencies?

In the cryptocurrency circle, turning a thousand yuan into a million yuan is not an unattainable dream, as long as you are willing to put in some effort and patience. The following are some of my thoughts, which do not constitute investment advice, but are simply shared.

1. Work hard and reach a principal of 10,000 yuan. First, spend two months working hard and trying to save enough principal to make your funds reach about 10,000 yuan.

2. Choose new coins and seize the hot spots in the bear market.

When the weekly line of Bitcoin remains above MA20, choose two or three new coins to invest. The key is to select those hot coins that have emerged in the bear market, such as projects that have not attracted attention before the rise, such as the previous apt. Such coins may soar when Bitcoin gets a little better, such as OP. Remember, the currency must have heat and an attractive story.

3. Set a stop loss line and seize the opportunity.

Set a stop loss line when Bitcoin falls below MA20, and continue to make money during the buying or waiting period. Give yourself two or three opportunities to fail. With a deposit of 20,000 yuan and an investment of 10,000 yuan, you have the opportunity to fail three times.

4. Execute strategies and seize opportunities

If you successfully choose a currency like apt, exit in time when the increase reaches 4-5 times. Keep executing this strategy. Remember, if you have small funds, you must buy new coins. Don't pursue large currencies such as ETH and BTC, because their increase may not support your dream.

5. Smart operation to welcome the bull market.

If you succeed three times 5 times in the process from the beginning of the bear market to the bull market, you may achieve 125 times the return. This period may be as short as one year or as long as three years. You have three chances of failure. If you fail, it means that you may not have the ability in this regard. Then exit rationally, stay away from the currency circle, and do not get involved in contracts.

6. Be careful not to be impatient or irritable

Everyone must remember one sentence, that is, money does not come in a hurry

When you are well prepared, work hard enough, and can see the situation clearly, the most important thing is not to be impatient

Although getting results is our ultimate goal, we must not be impatient, because in the process of trading, once you are anxious, there is a high probability that your judgment will be wrong

So haste leads to chaos, chaos leads to mistakes, and mistakes are too late to regret, so it is easy to fall into a vicious cycle of continuous losses

Seven. Know what market you are in and what rhythm you are in

When you are well prepared and have worked hard enough, you will naturally want to get a certain result

Ambush potential coins in advance, how to layout, what varieties to layout, how to maximize the profit strategy, see my homepage introduction.

Then, you will be full of a strong sense of purpose and purpose in the transaction

And this is an obvious obsession in my opinion now

When you have an obsession in the transaction, you will be disturbed by your mentality and affected by your behavior. You must realize what type of market you are in now?

It is a currency circle, a crypto market. In essence, it is a financial market without any supervision, especially contracts.

Its characteristics are high risk, fast return, and low threshold.

However, the more such financial markets are, the more chaotic they are. Therefore, there are often some wash and control behaviors in the currency circle.

When encountering such a situation, it is useless for fundamental analysis, technical analysis, and news interpretation.

Yes, it is useless. If you encounter such a situation during the transaction, then all you can do is avoid it and take a break.

Instead of knowing that the current market situation is a wash market and still trading blindly, which leads to emotional overload and finally Getting deeper and deeper

You must realize that in a market like this with a fast and high return rate and no supervision, there will definitely be human manipulation

Therefore, there are always a few months of the 12 months of each year when the market is ordinary and difficult to do. There are always a few days of the 30 days in a month when the market is controlled or washed

This is extremely normal, so only by seeing clearly can you look down on it, know when to advance and retreat, and know how to make choices, so that you can last long. Therefore, it is often said that trading is actually a practice and a philosophical problem

Just like fighting a war, when you encounter a good opportunity, you will advance and move forward bravely. When you encounter a countertrend, you will accumulate food, build high walls, and slowly become the king

The most important thing is to be patient.

If you lose patience and lose your footing, exit in time. In short, enter the market in time, stop loss decisively, and the most important thing is to be patient.This martial arts secret book has been presented to you. Whether you become famous or not depends on your performance in the martial arts world.

#Megadrop #比特币减半 #大盘走势 #Meme #WIF

$BTC $ETH $BNB