Why do most people lose money in the cryptocurrency circle?
Isn’t it because those who bought the price too early after it went up, and then they chased it at a high price and got stuck at the top of the mountain?
Then they were afraid when it fell. Will it fall again? Will it rebound? They missed the opportunity and dared not buy the bottom. Tell me how to make money?
In this circle, people who hold a large position choose the mainstream to do long-term trading. They keep buying the bottom when it falls. There will always be a time to get out of the trap, right?
A girl I know has no way. She bought the bottom of BTC at 55,000 in 21 years and got stuck. Every time she has spare money, she places an order to buy 5 points below the last purchase price...
She forced the average price to 27,000, and then to 42,000 last year, and lost the principal.
I suggest that she can invest in Dogecoin in this way. The speed is faster than BTC, and the settlement cycle is efficient. After all, there will be action as soon as Ma speaks.
But he said that the first BTC was given by his grandfather, so he has a special feeling for Bitcoin, and only does short-term trading in other coins.
I think he definitely makes more money than many people in the market.