There is no supervision in the cryptocurrency circle and the risks are very high: buy with caution. 95% of retail investors are losing money. Retail investors can be roughly divided into two categories. One type tries everything for fear of missing every opportunity to get rich; the other type is cautious and asks various people and channels. The former are easy to fall into the trap, but have strong adaptability and can make a lot of progress after a loss. The latter often lack execution but are relatively stable and not so easy to lose money.
In my opinion, sharpening the knife does not delay the chopping of wood. Having a slicked back hair before a blind date will not delay things. Cryptocurrency trading is like falling in love. Many people yearn for it, but they also find it mysterious. Once they fall in love, they start to worry about gains and losses. For those who are new to love, they are prone to insomnia at night, and finally their loved ones are chased away by others. For those who are good at love, they prepare in advance, investigate the object, rehearse the details, and most importantly, do not fall in love. Instead, they can be favored by girls. For some people who want to have a big fat baby right away, it is too hasty and unrealistic. Having a baby still takes ten months, not to mention cryptocurrency trading? Many people ask, what kind of coins should retail investors buy? In my opinion, first practice the basic skills well, and then take action. If you take the road step by step, it is easy to make mistakes if you go too fast.
The simplest way is to find out the projects with better market value, fundamentals, tracks, and foreign performance on the market, list the tracks, find the top three projects in each track, and participate in them. The premise is that you have to be optimistic about this track, otherwise you will deceive yourself and it will not last forever. Personally, I think it is impossible for anyone to cover up the blockchain. The historical trend is here, and it cannot be changed by human beings. Whether it is investment or life, don’t leave your fate to ghosts and gods. What big guys and great people really have the ability to predict the rise and fall, they have long been protected in secret. How can they have the opportunity to speak out in the market? What’s more, the financial market is too affected by various factors. Any small change in any factor may change the direction. Their awesomeness is not in the prediction beforehand, but in the explanation afterwards. If you don’t believe it, go and see their historical remarks left on the Internet.
For retail investors, if they do not have strong independent thinking, they can easily become cannon fodder of experts and die under the verbal attacks of others. The core of cryptocurrency speculation lies in thinking, investment thinking, methods and strategies, not experts. No matter how well the chicken soup is cooked, it cannot defeat the power of the RMB of the market makers. This is why those who talk big are always afraid of those who do things.