Many people may ask: "Since the cryptocurrency market is falling most of the time, why has Bitcoin doubled so much?" In fact, it is very simple. Cryptocurrencies always soar in a very short period of time, doubling several times, ten times or even a hundred times. Then the biggest correction is a drop of 80%. It may take 1 to 2 years for Bitcoin to drop 80%, while Bitcoin may only go from 15,000 to 70,000 in a few months. So the cryptocurrency market is falling most of the time. For ordinary investors, they basically will not enter the market when it falls, let alone buy at a low level. They basically work to earn money and enter the market again during the bull market. Retail investors who pay attention to the cryptocurrency market will almost only enter the market when the market is difficult to soar. The time of rising happens to be very short, and the market is already at a high level. Since it is at a high level, the risk is naturally high, so basically they will encounter a correction. For retail investors, they can only accept the market rising, not the market correction. Once the correction occurs, it is almost a bloodbath. Therefore, Shisan has an iron rule for investment. He will never chase after a skyrocketing coin. I only ambush in advance. If I miss it, I will miss it. I will wait for the next opportunity. The most abundant thing in the coin circle is opportunity.
After so many years in the coin circle, I understand that surviving in this circle is the most important thing. It doesn’t matter how much money you make.
As for making money, as long as you survive with a scientific and stable method, money will come naturally. Whether you make a lot of money or not is not something we can decide. It requires luck.
The premise of having luck is that you are still in the coin circle.