A few tips for the cryptocurrency circle!
First tip
The cryptocurrency market has passed the period of wild growth, and the next stage is the capital competition. Don't fantasize about making dozens of times the money easily.
Second tip
The primary market has high returns, but 99% of the projects will return to zero. Those who recommend new listings may not tell you this truth.
Third tip
Although you can make a lot of money by going all-in, you may also lose it all. The real essence lies in "rolling positions", not how much you make in one order.
Fourth tip
When a coin is wildly promoted, it is often the end. Those who already hold it can consider getting off the train, and those who don't hold it should not enter the market.
Fifth tip
Young people should focus on their studies, improving themselves and stabilizing their income, and speculate in coins as a supplement. Trading is a long-term battle, and stable off-site income can take you further.
Sixth tip
"Good fortune does not enter a home without virtue, and wealth does not enter a door in a hurry." Don't be proud of making money, and don't blame yourself for losing money. Summarize the success or failure of each order, and emotionality is the enemy of trading.
Seventh advice
If someone tells you that a certain coin can make a lot of money, be wary that he wants you to be the buyer.
Eighth advice
Don't blindly believe those who post profit charts. They only show part of the profit, and many may be negative profits.
Ninth advice
99% of people who play contracts will eventually return to zero. Desire is endless. Once out of control, the previous profits and principal will disappear.
Tenth advice
Follow bloggers who share their experience, stay away from those who advertise profits, what you can learn is more valuable.
Eleventh advice
If you want to do a good job in trading, you must have your own insights, don't blindly follow the trend. Establish your own trading theory, and other people's experience can only be used as a reference.
Twelfth advice
Deal with the "old people" in the currency circle more, learn from their losses, avoid making the same mistakes, and maybe you can make money by doing the opposite.
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