Recognize the trend and know who is participating in the market
How to win in the market, the most important point of cryptocurrency trading is to recognize the trend. From May to December, there will definitely be a bull market for altcoins.
90% of the user group in the cryptocurrency circle: 50,000 to 300,000 RMB is their entire wealth, which may come from small loans, credit cards, or the principal accumulated from hard work.
Let me say an anti-common sense point of view: it is more difficult to make money with beta than with alpha.
If you can't get the profit from the 3-fold increase of Bitcoin from October 23 to May 24, it is understandable, because it seems easy to get beta, but it is actually more difficult to make money than alpha
1. It requires a deep financial foundation and understands the inevitability of the rise of Bitcoin and the financial cycle.
2. It requires a certain amount of original principal accumulation, at least 5 million RMB or more, otherwise it is meaningless to get 50,000 RMB to get three times beta.
But alpha is different. 90% of retail investors have a chance. You can study and use the tool bot by yourself, join a few more groups to see who has the earliest information and follow orders, that is, through the proficiency of tools and information, you can buy at almost zero cost, earn big money, and accumulate principal.
(In an investment market, the overall average performance of the market is called Beta, and the part that outperforms the market is called Alpha. The cognitive requirements of alpha are actually much smaller than those of beta. Alpha focuses more on early information and tool use.)
How to improve your use of tools and establish your own alpha information collection channels? Be diligent and be a licker (know how to do things). These two points are enough.
