If you are a novice trader, you can really take a look. Brothers who have gone through several bull and bear cycles know that if you expand blindly, you will want to eat the head, body, and tail of the bull, and you will often stand guard on the top of the mountain in the wind. Some brothers who are overly cautious only watch others eat meat while they can only drink soup.
In summary, I have always been too conservative, so I missed a lot of big profits. Since the second half of last year, I have gradually wanted to expand and turn. The process is really a test of my mentality. In summary, first of all, you must have your own trading system, and you must keep polishing it. Each transaction must have its own logical support point. If you buy right, you can extract the successful experience, and if you make a mistake, you can summarize the mistakes. If you have nothing and just buy based on your feelings, it is called gambling. Nine out of ten gambling will lose.
What is the logical support point? I have talked about it in many of my previous review articles, both successful and failed. For example, if you are doing medium- and long-term investment and know that interest rates will be cut in the second half of the year, it will bring new liquidity to the cryptocurrency circle, drive up the price of the cryptocurrency, and create bubbles. Then buy in advance, which is the logical point of buying. As for the timing and methods of entry, they can be optimized and summarized, such as waiting for a black swan pin or weekly fixed investment, which are all possible and are also methods.
Remember not to trade based on your feelings. Sometimes the money you earn by luck can also be lost by luck.