Many people lose money in the cryptocurrency investment because they don't have a correct logic. If the logic is right, it's easy to make money.
1. All coins will return to zero, but some coins have a long lifespan and some coins have a short lifespan.
Bitcoin: We assume that its lifespan is 40 years. In most cases, it will rise during this process, but I personally think that Bitcoin will return to zero sooner or later.
Ethereum: 30 years. In the future, the technology will become stronger and stronger. Ethereum will also have its limits.
Well-known coins: 20 years, the lifespan is not low, and most coins will disappear in a few years
Well-known copycats: 10 years. In fact, most copycats can only be popular for one round, and the rest will gradually return to zero.
Ordinary copycats: 5 years, 5 years off the shelves, I am still very conservative
Air coins: 1 year, it's good to be able to play for a year
Fundraising meme: 1 month, it will return to zero in one month, which is an ordinary meme
Group friend's entrepreneurial project: 2 hours, there will be fluctuations only in the first two hours of opening, and then GG
Once you have the logic, you will know how long the investment window period of each project is. If the time is almost right, escape in advance.
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2. All project owners will cut leeks
Who in the cryptocurrency circle doesn't want to make money? The cryptocurrency circle is a dark jungle. Even if the original intention is good, once people see money, they will change.
BTC is cut after entering the market
Other well-known coins may be cut after the market is pulled up or hyped up
Group friends' entrepreneurial projects are cut at the opening and then directly return to zero.
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3. Making money depends not only on strength, but also on luck. Many people work very hard, fearing that they will miss any opportunity to make a fortune, but in the end they have stepped on all the pits. They lose more than they earn.
Some people have invested in all projects and are exhausted. But they don't earn as much as those who focus on a few.
So it is better to invest in the most reliable ones than to be exhausted to death, and leave the rest to luck. After a long time, luck will most likely come, and once luck comes, money is inevitable!
