In the current industry situation, investors are prone to make several mistakes:
1. The sector rotates rapidly, and the profits of long-term holders are prone to a large withdrawal
I won’t go into details about this. I believe that many people have recently felt the same way. They held a value coin, and the coin price took a roller coaster ride back to the "place where the dream began", and the profits were greatly withdrawn or even trapped because their attention went to other tracks
2. Ambush potential small coins are easy to fail
You found a small-cap coin (out of the top 300) that is "underestimated by the market and has very good fundamentals" in a popular track A. The market value of the big brother with a benchmark in the same track is 10+ times yours. You are secretly happy to find a hidden gem waiting to be harvested
After two days, you are lucky. The wind blows to this track. The leader of the track has a gratifying increase, but the price of the value coin you chose did not respond. You thought you would wait for two days for the funds to overflow from the leader, but you ended up waiting for the sector rotation and the hot spots to turn to other tracks. After all the hot spots have rotated, the entire market is cold and falls, and your small coin falls even more.
A few days later, the entire market rebounds from oversold, and you find that the strongest rebound is the leading stocks on Binance. The reason is still the same, attention is distracted. There are a lot of such "potential coins" in other 10+ hot tracks, who cares?
As an investor who has been working in the currency circle for many years, I am willing to share my experience and insights with you. If you are interested in the currency circle, but don't know how to start, you might as well follow my homepage and discuss the mysteries and future possibilities of the currency circle with me. Click on the avatar introduction to find me.