Ten iron laws of the cryptocurrency circle, newcomers should take note!
1. The hottest coins in the bull market fall the fastest
The more crazy the coins are, the bigger the bubble is, and the harder they fall. The more popular and the more control is, the bigger the bubble is, and the faster the bubble bursts, just like a balloon, which pops when it is blown up.
2. The routines of copycat coins are all the same
The gameplay of copycat coins is very simple, first smash the market, then pull it up. Changing the routines, all the mentality is played.
3. In the long run, market fluctuations are temporary
If you extend the time, the overall trend of the cryptocurrency circle is rising. Don't be scared by short-term ups and downs, the real opportunity is in the long run.
4. The coins with real potential are often unpopular coins that no one hypes
The less popular the coins are, the easier they are to soar quietly. Like the previous C98 and LEVER, they were unknown, but they soared into the sky.
5. New coins soared and plummeted? Don't touch them!
Newly launched coins that have soared and plummeted are mostly set up by dealers. Once you get in, you will be cut. You still have to be careful.
6. Buy and it falls, sell and it rises? Mentality problem
Buy and it falls, sell and it rises? It's too normal. Don't pay too much attention to such small fluctuations, you have to keep your mentality stable.
7. Rebound does not mean potential
The most violent rebounds are often hyped, not those coins with real potential. Don't be confused by appearances. The fluctuations of coins with real prospects are not so exaggerated.
8. Earn money and then pull back? The dealer has shipped
If you make some money and the coin price suddenly starts to pull back, it may be a signal that the dealer is shipping, and the harvest is about to begin. Be careful.
9. Some potential coins will only start to work in the second half of the bull market
Some coins performed mediocrely in the early stage of the bull market and exploded in the later stage. Just like a marathon, the latter stage will be more powerful.
10. Coins with large gains can still trade sideways for several months, which may be potential coins
In the bull market, some coins can still trade sideways for several months after rising several times. They may be potential coins. Don't ignore them, which may be the next outbreak point.
Always miss the opportunity? There are two conditions for following Dan: strong action and keep up with the pace at any time; when the news comes, you must be able to act immediately. Leave a message 66, and I will help you make money together!