Here comes a great way to save money!
Before investing in cryptocurrencies, read this first!
When BTC was hot in 2021, I rushed into the cryptocurrency circle, just like a novice, buying whatever was popular.
What was the result? When the market collapsed, I still rushed in, thinking that everything was "cheap". By the end of 2022, I had lost a lot of money and understood these 5 investment truths!
5 iron laws of cryptocurrency investment, must read!
Follow BTC with altcoins
When Bitcoin rises, 80% of altcoins will rise with it; when Bitcoin falls, the entire market will shake.
Remember: keep an eye on Bitcoin, it is the boss!
Buy when it rises, sell when it falls
Many people fall here.
When the market rises, buy those that rise steadily; when the market falls, sell those that fall sharply quickly, don't wait foolishly.
Why? I bought those "cheap" free-falling coins and lost a lot of money. Price trend is the hard truth!
Don't believe the master's nonsense
Those "masters" brag about coins every day, you have to know the business yourself.
Don't follow the trend, study the market more, and make your own decisions.
There is no "cheap" or "expensive" in cryptocurrency
Newbies always like to buy cheap ones, or think that expensive ones are unaffordable.
Wrong! The price is not important, what is important is whether it can rise.
Risk management is a must
Don't invest all in it. Diversify your investment and take steady steps.
Experts say: Leave some room for each transaction, so that you won't lose too much and can continue to play.
If you always miss the point and don't know how to operate, you have to meet one condition to keep up with the learning: you have to be strong in action, do it as soon as you say it, like + leave a message, I will help you make a lot of money!