In the cryptocurrency world for ten years, earning fifty million depends entirely on this. A must-read for beginners!
1. Never chase high prices to buy coins; maintain the mindset that the coin can rise as much as it wants, treating it as if it doesn't exist.
2. There are only two types of coins: the coins you buy at a good point are all good coins; otherwise, they are trash. Coins bought at a major buy point are the best performing coins. Patiently wait for the major buy point coins to become truly high-performing coins; this is the proper mindset.
3. In fact, the most important thing in trading coins is mindset. Many people know it's not a buy point, yet they can't resist the urge; this is a mindset issue. If you don't solve this, any theory is useless.
4. The mindset must be stable; don't have emotions towards any coin or price point, only look at market signals. You should have emotions towards buy and sell points. If you have good skills and sufficient capital, for example, you can operate on a weekly or monthly basis, build positions in batches, and diversify your positions. Then, timing will never be an issue.
5. The reasons for mistakes are never related to the market; to find the cause, you can only look for your own reasons. Any mistake must be summarized immediately.
6. The mentality of rushing to earn money is a major taboo for us participants in coin trading. If you can't even control your own heart, can't control your greed and desire, you cannot succeed in the market for long. There are two forms: when you hold coins, your thinking is controlled by the bulls; conversely, you become a slave to the bears. Market sentiment accumulates and is guided by this. Those who cannot escape this state will never become true market participants.
7. Trading coins tests your long-term profitability ability, not your ability to make a sudden profit; the key is a long-term effective trading strategy. When buying, consider various scenarios; be resolute in holding, and even more resolute in selling, this is how you can gradually improve. Are you trading coins, or are the coins trading you? Start with yourself.
8. The virtual currency market will only reward those with patience; any good coin needs to be nurtured. Constantly switching to new coins will definitely lead to small capital and minor gains. Focus more; those who run around every day will not make big money.
9. Dance to the rhythm of the market; as long as you follow the market rhythm, you can glide gracefully on the edge of a knife. Rhythm is always the rhythm of the market #Layer1公链普涨