Why is it difficult for novices to make money in the market? The reason is revealed!
In the market, although some people have made a lot of money and become millionaires, behind this is actually countless editors who have lost money, and their losses have become the gains of leeks. If a novice has no experience, does not understand analysis, and has no strategy, it is difficult to make a dollar on Binance.
Those who just want to "make money" and plunge into cryptocurrencies without any preparation often end up with nothing.
It's not that easy to make money
I often hear about getting rich overnight in the market, which makes people mistakenly think that it is easy to get rich. In fact, the truth is much crueler.
They don't understand that the reason why those millionaires can make money is because someone loses money. Veterans rely on novices - those who:
Do not understand analysis, do not know how to diversify investments to reduce risks, are confused by the media's talk of getting rich quickly, and have unrealistic fantasies
Not everyone can play in the currency circle
To put it bluntly, the currency circle is not suitable for those who are financially unstable or want to get rich overnight.
If you want to go from a novice to someone who has the opportunity to make money, the first step is to learn.
How to start cryptocurrency trading correctly?
1️⃣ Start with small spot transactions
Invest money in batches and buy more stablecoins like USDC.
Keep some USDC in your hands, so that you can be more flexible.
2️⃣ Watch the price before making a move
Exchange USDC for assets when the price is low. Know how important the price level is to trading.
3️⃣ Increase slowly
Don't invest too much at once. You have to take it slowly, and you can lose less if you make a wrong investment.
4️⃣ Use limit orders
Set the price before buying and selling, which can save money and find better buying and selling points. In the long run, the profit will be more.
5️⃣ Pay more attention to market news
You have to know what the market is doing so that you can predict price trends. Blind buying and selling is not okay.
Many newbies think that since some people can make millions, it should not be difficult to make a thousand. As a result, I invested 600 US dollars in it, thinking that I could make money quickly, but I was harvested by the leeks.
Recently, I am planning to ambush a potential coin that is about to explode. It is very easy to double it. There is no problem with the expected space of more than 10 times. If you want to keep up, click the avatar and follow me, and share for free!