A little experience from years of cryptocurrency trading
With the end of the first half of the bull market, the second half of the bull market is about to start, and the crazy bull is about to take off. With the entry of traditional financial funds from Wall Street, the global financial center, more and more people want to participate in cryptocurrency investment. But the cryptocurrency circle is full of opportunities, but also full of risks. I have been working in this industry for 7 years and have seen countless stories of getting rich, but I have also seen many people lose money in cryptocurrency trading. To make money in the cryptocurrency circle, you need to have correct cognition, self-disciplined trading operations, and a strong sense of risk. I hope this article can help more people plan for the bull market. After all, I am very sure that any of the top 50 coins is much better than buying a house or A-shares. In order to prevent the article from being lost, you can click on my avatar to follow me and look at my information carefully to find me.
1: The currency circle rises and falls together. The rise in the bull market does not need value support, but only a reason for the rise
2: Don't talk about faith with the copycat, cut your losses when you should
3: Time is Bitcoin's friend, but it is the enemy of the copycat
4: The value foundation of the copycat lies in continuous innovation. Once innovation stagnates, the value will collapse. The value foundation of Bitcoin lies in its immutability. If you are trapped by Bitcoin, there will definitely be a day to get rid of it, but the copycat may not
5: The only ones suitable for left-side trading are Bitcoin and Ethereum. The biggest risk of the copycat is zero
6: At the beginning of a bull market, only BTC is healthy when it stands out, so first build a position in Ethereum, so that you will not miss the opportunity when it rises, and you will not be afraid of being trapped when it falls
7: The copycat has no defensive ability
8: Do not increase the position when the price goes up, position management is very important - try with a light position, and then increase the position significantly after the price goes up. It is difficult to play without losing money in this way
9: BTC and ETH can barely add a BNB position that is not less than half
10: When playing with copycats, you must take the initiative to miss the opportunity and sell it at a loss
11: Fall in one place and get up in another place - lose money here and make it back in another place
12: The biggest cost after being trapped is the opportunity cost
13: The core of playing with copycats is to know how to sell
14: Only eat three-tenths full, the fish head and tail are not so delicious, leave them to the dealer, and wait for the leader to come out before eating the fish belly with high certainty
15: When playing with copycats, you must have a light position, a heavy position will ruin your mentality, your mentality will ruin your operation, and your operation will lead to losing money
