Many people lose money in cryptocurrency investment because they don’t have a correct logic. If the logic is right, it’s easy to make money.
1. All coins will return to zero, but some coins have a long lifespan and some coins have a short lifespan.
Bitcoin: We assume that its lifespan is 40 years. In most cases, it will rise during this process, but I personally think that Bitcoin will return to zero sooner or later.
Ethereum: 30 years, and Ethereum will also have its limits as the technology becomes stronger and stronger.
Well-known coins: 20 years, the lifespan is not low, and most coins will disappear in a few years
Well-known copycats: 10 years, in fact, most copycats can only be popular for one round, and the rest will gradually return to zero.
Ordinary copycats: 5 years, 5 years to be removed from the shelves, I am still very conservative
Air coins: 1 year, it is good to be able to play for a year
Fundraising meme: 1 month, it will return to zero in one month, which is an ordinary meme
Group friend's entrepreneurial project: 2 hours, there is only fluctuation in the first two hours of opening, and then GG
If you have logic, you will know how long the investment window period of each project is, and you should escape in advance when the time is almost right.
2. All project parties will cut leeks
Who in the currency circle is not for making money? The currency circle is a dark jungle. Even if the original intention is good, once you see the money, people will change.
BTC is cut after entering the market
Other well-known coins may be cut after pulling the market, and cut after hype
Group friend's entrepreneurial project is cut at the opening and then directly returns to zero.
3. Making money depends not only on strength, but also on luck. Many people work very hard, for fear of missing any opportunity to make a fortune, but in the end they have stepped on all the pits. Losing more than earning
Some people try all the projects and are exhausted. But they don't make as much money as those who try only a few.
So it's better to just find the most reliable ones to invest in than to be exhausted. Leave the rest to luck. After a long time, luck will come, and once luck comes, money will come!
