Speculation vs. Hoarding: Why are you working hard to speculate, but not as good as those who hoard coins?
In the world of cryptocurrency, speculation and hoarding are often regarded as two completely different investment strategies. Some people say that speculation makes money quickly, while others say that hoarding has stable returns, but can you really have both? Facts have proved that there are very few people who can really have both.
The core of speculation is to seize market fluctuations and play with hot spots. However, in this illusory market, price fluctuations are often amplified by emotions and desires. Many people think they can buy low and sell high, but they often miss opportunities at critical moments, resulting in huge losses. Do you have similar experiences?
In comparison, hoarding coins seems much more stable. Although the returns may not be as fast as speculation, in long-term investment, the returns of hoarding coins are often more lasting. Especially when the market is volatile, fixed investment and hoarding can avoid the risks brought by frequent operations. And those who suffer losses due to untimely shipments are often because they lose their way in greed.
We often say "others are greedy and I am afraid", but in actual operations, how many people can stay calm when the market is frenzy? In the speculation of altcoins, excessive greed often brings the deepest harm. To gain a foothold in the world of cryptocurrency speculation, reducing desires and maintaining rationality is the kingly way.
Of course, cryptocurrency speculation is not completely worthless. Many people try to find patterns in the market and use them by learning and analyzing and studying technical indicators. However, there are often countless traps behind the K-line chart, and the so-called patterns may just be bait set by the dealer. If you don’t have enough strength and experience, the final result may be the fate of being harvested.
The choice of currency is crucial. Pursuing short-term skyrocketing currencies when speculating in currency is certainly exciting, but it also means greater risks. To gain a foothold in this market, you need not only wisdom, but also patience and rationality.
In the world of currency circles, whether you choose to speculate or hoard coins, the key lies in the balance of mentality and strategy. Pay attention to Boshi and follow us to explore a more stable investment method, and win your glory with rationality and wisdom!