Technical analysis is not 100%, but technology is the only best way for ordinary people to identify the intention of the market!
Especially at the turning point of this key market, human greed and fear will dominate. If you can't overcome it well, your investment will become emotional and go with the flow, and the final result will be leeks!
The current currency circle is very changeable, and with news flying all over the sky, people's thinking will be easily affected, thinking in the direction designed by the main force, and making decisions that go with the flow as soon as they think!
This is why many people buy in an excellent position, just like on August 5, when the market plummeted, many people bought at the bottom, but they left after a rebound, and now they look back and break their thighs!
In my opinion, the hot spots of Shanzhai are always only suitable for investing with profits; because the future is uncontrollable, you can only invest with money that you can afford to lose, and the results will go with the flow!
As long as you want to accumulate the first pot of gold steadily, you must choose opportunities with a high safety factor and a medium return ratio.
Therefore, the screening of potential coins is a test of comprehensive ability, as well as confidence in technology. Both points can be said to be indispensable!
The most important thing to avoid when trading cryptocurrencies is being impatient. It is normal to have no market conditions, and it is also normal to have floating profits and losses. Relax and take it slow. Over time, if you can endure the years that others cannot, you will naturally stand out and become the winner!