How to become one of the few people who make money?

Xu Bin roughly summarizes a few points. Understand these four points and beat 95% of people

1. Short-term thinking is serious. Simply put, we should look at the long-term. What everyone discusses is how much it has risen today and how much it has fallen tomorrow... rather than how the coin will be in half a year or a year? You can see which of the so-called "great gods" who have achieved financial freedom in the current currency circle have made money in three or five days. They all rely on time to endure; reasonably allocate positions, with long-term as the main and medium- and short-term as the auxiliary. If there are clear short-term trend changes, you must follow them.

2. Chasing ups and downs

Chasing ups and downs is almost a mistake that every investor in the currency circle will make. When you see a certain coin soaring and the whole world is discussing this coin, you follow the trend and buy it. After buying it, you are reluctant to cut your losses when you lose 10% or 20%, and you hold it until the day when you can get out of the trap. When the price continues to fall and the loss is 50% or even 60% or 70%, they think that the coin is not good and sell it directly to the floor; then repeat this step again and again. There is really no good solution to this problem of chasing ups and downs. It is a psychological problem.

3. Insufficient cognition

Many people do not think before investing, and they just believe what others say. Today, a big V said that this coin is good, so I bought it immediately! Tomorrow, XX gossip said that the coin will rise, so I bought it... As for what is good about this coin and why it will rise, I have no idea; it is unreasonable not to lose money in this kind of investment method without thinking. We can use other people's cognition as a reference when investing, but before that, we must establish our own cognition; no matter how powerful the KOL is, he will build a position first before letting you build a position. He will remind you after he sells his meat, and you can only carry his sedan chair.

4. Too impetuous in the heart

Impulsiveness seems to have become the norm in the currency circle. Many people enter this market with the mentality of getting rich overnight, but they are not prepared to return to zero in one day, let alone the ability to get rich overnight! After buying a coin, you hope that it will go up right after you buy it, double in three days, and increase tenfold in half a month... If the coin you bought does not go up in half a month, or even suffers a loss, then you start to find all kinds of excuses for yourself and curse, cursing the project owner for not managing the market value, cursing the market maker for dumping the market, and blaming the big V for inaccurate predictions.#美国政府转移BTC $BTC $ETH #BTC☀ #ETH