Who are the people who lose money in the cryptocurrency circle?
1. Those who play contracts. Among those who play contracts, less than one thousandth can make stable profits, let alone how much they can earn in the short term, ten times or a hundred times.
I have experienced a hundred times of profit in a period of time with small funds. The problem is that this does not work at all for asset appreciation.
Such people often feel that they do not have much capital and can only rely on contracts, which is often the beginning of losses.
2. People who fantasize about getting rich quickly are easily affected by emotions. Buy when the mood is high and sell when the mood is low. You will find that you have been losing money steadily.
3. People who chase high prices, buy whatever is rising and play whatever is hot. They succeed several times before, but fail to chase high once. If they do not stop loss in time, they will immediately return to the starting line.
4. People who follow the trend, when they see others making money at the first level, they will play, and when they make money at the second level, they will go to the second level. When they hear that airdrops make money, they will go to airdrops again. In the end, they will always be fuel.
5. People who play short-term, the success rate of short-term is one in a million. The shorter the time, the more irregular the price movement.
6. People who are not into technical analysis, at least they will read books and look forward to enlightenment every day. But the success rate is also very low. Technical analysis is just a tool, and it will eventually return to odds and probability.
How can you make money?
The big cycle of Bitcoin combined with the small cycle of altcoins is the way to make money.
The big cycle of Bitcoin is very simple, buy in a bear market and sell in a bull market.
The small cycle of altcoins, most of the time altcoins will follow BTC, but sometimes altcoins will have independent market conditions. Seizing the small cycle of altcoins and making money through high-quality altcoins is also a very good strategy.
It’s just that there are many skills in it, and ordinary people will not learn them easily. If you don’t have that ability, don’t do difficult things.
#BTC突破7万大关
#以太坊ETF批准预期
#ETH