If Xiaobai doesn't lose money, who will?
Newcomers to the cryptocurrency world usually make a loss first as a sign of respect.
If you want to enter the cryptocurrency world, you must read this article completely and read it repeatedly, which can improve your understanding of the cryptocurrency world.
Half a month ago, Du Ge's brother-in-law said that he also wanted to enter the cryptocurrency circle and buy some coins, and asked Du Ge how to invest. The brother-in-law knew that Du Ge made his first pot of gold by speculating in cryptocurrencies, and he was one of the few people around him who had in-depth research on cryptocurrencies. The brother-in-law was born in 1995, young and promising, and he owned two large hotels, both of which were doing well. He planned to take out 1 million yuan to play with coins first. At the dinner table, Du Ge learned that he wanted to get several times the income from playing with coins, the kind that would make 3 million yuan by investing 1 million yuan, otherwise he would feel that it was meaningless if the profit was low, and making hundreds of thousands of yuan would not quench his thirst. In response, Du Ge poured a basin of cold water on him, and warned him that the first thing to do when speculating in coins is to "not lose money" and not to want to double it right away.
Those that can multiply several times are altcoins+. Altcoins are not suitable for large funds to buy. You can use 50,000 yuan to play around. You will be happy if you make money, and it doesn't matter if you lose it. The first choice for "big investment" is a stable strategy. The most stable coin in the currency circle is Bitcoin. He asked if he could enter the Bitcoin market now? Tianji asked: "Are you a long-termist? The kind that can hold it for a few years." He said no. Du Ge said: Then you can only wait, wait until Bitcoin falls to 30,000 US dollars before entering the market. The price of Bitcoin will definitely reach 1 million RMB, and it will definitely reach 30,000 USDT; no one can buy at the lowest price and sell at the highest price. Bitcoin is eternal, and each of us is destined to accompany it for only a period of time. During the time you own it, Du Ge hopes that it can bring you benefits.
I often meet some novices who want to enter the cryptocurrency circle, but they don’t know much about the cryptocurrency circle and have no practical experience. They just see a lot of myths about getting rich in the cryptocurrency circle. They hear that the cryptocurrency circle is very profitable and it is a new field, so they want to take tens of thousands of yuan to test the waters. If you really want to enter the cryptocurrency circle, it’s not a bad idea to take tens of thousands of yuan to test the waters, but the premise is to be prepared for losses!
Why?
1. Today is different from the past.
Now the cryptocurrency ecosystem is becoming more mature. After the wild growth stage, there is no low-priced Bitcoin anymore. You spend tens of thousands of dollars to buy Bitcoin, and there is almost no chance of a 100-fold or 1,000-fold increase. Look, when has Bitcoin increased more than tenfold in the past few years? Two years ago, during the bull market, it only increased several times. Now the price of a Bitcoin is an unusual unit.
Second, there are more traps than opportunities.
Since there is no chance to get rich by buying pie, you may want to buy some cheap new coins. Didn't the previous dogecoin and shitcoin also increase by hundreds or thousands of times? But the currency circle always has more traps than opportunities. The new concept coins and model coins you are optimistic about are 99.9% traps to cut a wave of leeks. Some coins are at their peak when they are launched. You see it soared a thousand times today. As soon as you buy it, it falls by 50%. You can't bear to cut your fantasy that it will definitely rise back, and then it will fall by 50%. If you still don't cut your faith, it will fall by 50% again... After a few waves of decline, you will be honest. At this time, there is not much balance left in the account. You think that at this point, you can only hold on, but after a while, TMD, the coin is offline... If you buy expensive things, you will basically not be cheated. On the contrary, if you buy cheap things, the chance of being cheated will increase greatly. Give up your IQ, the market has already screened for you. In fact, if you can buy the potential coin that soars once in your life and hold it, it will be a blessing.
Third, low self-awareness.
You don't know the properties and value of various concepts and coins in the cryptocurrency circle. You just rely on the K-line drawn by the dog dealer. If this coin goes up today, you quickly follow it. If this coin goes down, you quickly sell it. If you win, you think you are a gambling god. If you lose, you curse the dog dealer. Without your own objective judgment, you will trade frequently, and it will be difficult to make money in the end. There are also various negative and positive information in the cryptocurrency circle, which are dazzling. What you see is just what the big guys want you to see.
Fourth, the transaction is immature.
Once you trade, you go all in, and once you go all in, you get stuck, and once you get stuck, you cut your losses, resulting in losses. Or, you can't hold on to your profits, but you hold on to your losses; there is no fund planning or strategy for covering your positions. If you want to get rich overnight, don't come to the cryptocurrency circle; because the mentality of "getting rich overnight" is destined to get no results in the cryptocurrency circle. Now making money in the cryptocurrency circle is not about taking 100,000 to bet on 1 million, but taking 1 million to bet on 1 million, or 500,000.
A novice who enters the cryptocurrency market with tens of thousands of yuan will most likely lose money, while a novice who enters the cryptocurrency market with millions of yuan may make money. In fact, the amount of money has nothing to do with whether cryptocurrency trading can be profitable, but it reveals some factual logic. These two sentences seem contradictory, but they are not.
Du Ge comes with an in-depth analysis:
Most of the newbies who enter the circle with tens of thousands of yuan are testing the waters. The characteristic of newbies speculating in cryptocurrencies is blindness. If Zhang San says this coin is good, they will buy this coin. If Li Si says that that coin has potential, they will buy that coin. Due to insufficient cognition, they have not been baptized by the market, their transactions are immature, they do not know value investment, and they have no personal subjective judgment. Even if a novice knows that buying big cake is safe and secure, he does not know why big cake is safe and secure. Even if a novice makes money by buying big cake, he cannot resist the temptation and will buy other coins, resulting in losses. Another characteristic of newbies is that they want to make quick money. Obviously, the returns from investing in big cake are not as high as those from other currencies.
The above are the questions for novices!! However, novices who use millions to speculate in cryptocurrencies have a greater chance of making money. Think about it, a novice who uses millions to speculate in cryptocurrencies must have learned about the cryptocurrency circle before entering it. The most important thing is that he must have made a lot of money and he must have more money. People who have made a lot of money must have a higher understanding of the logic of making money than ordinary people. They know more about fund allocation and control themselves. They will not make wrong judgments because of short-term losses. Du Ge said before that speculating in cryptocurrencies is to control yourself, and controlling yourself is the most difficult thing in the world. And the most important point is that even if a novice who uses millions to speculate in cryptocurrencies suffers a loss, he still has more money to cover his position to achieve the final profit. For old leeks, the amount of money has nothing to do with whether speculating in cryptocurrencies can make a profit. Therefore, it is easier for old leeks to make money than newcomers, and it is easier for rich people to make money than those with limited funds.
After reading this, if you still want to enter the cryptocurrency circle, Tianji suggests that you find an experienced person to guide you. How to deposit and withdraw coins, how to use hot and cold wallets, popularization of cryptocurrency knowledge, how to choose currencies, the value of coins, when to enter and sell, what trading strategies, etc. If you enter the circle blindly, you will pay a lot of IQ taxes and pay for your ignorance. It is easy to get started in the cryptocurrency circle, but it is difficult to make money. It all depends on cognition and strength.
If you suffered losses because you didn’t meet me in the early stage, that would be a disaster; but if you don’t come to me after seeing my words now, that would be your fate!
