What losses have you suffered and what experiences have you had on the road of cryptocurrency speculation?

Don't bring your family, classmates, and friends into the cryptocurrency circle. Newbies often don't have a clear concept of stop-profit and stop-loss. Even if you explain a lot to them, they may think that you are hindering them from making money. Once the market pulls back, they may blame your skills and character.

1. Don't blindly follow the recommendations of big Vs. Recently, there are many currencies recommended by big Vs, such as SP and PEOPLE. If you buy at high prices, you may face huge losses. If a project has been called by a big V and has risen many times, you should consider whether to take over. A truly good project will not only rise but not fall, so you need to have your own judgment.

2. Establish your own analysis framework. When the blogger you follow starts to call orders, you need to think about whether he really wants to make you rich or just wants you to take over. You should check the background of the project, understand which sector it belongs to, whether there are investment institutions, whether there are well-known investment institutions, what is the historical performance of the investment institutions, whether the project can be listed on the three major exchanges, how active the transaction is, how popular it is, whether the project party is really doing things, or just buying fans.

3. For novices, the best way is to follow the tortoise strategy, that is, buy low in the bear market and sell high in the bull market. You need to be patient and don't change your strategy easily because of short-term fluctuations. Remember, buying low and selling high is the essence of the financial market, but it is not easy to do this. You need to have your own judgment and analysis, rather than blindly follow others. "

I will post my own operation suggestions and market views in the small circle every day, ambush high-quality currencies, welcome everyone to join the May small circle and grasp this big bull market with me #Meme #sui #APT $BTC $ETH