How to make 100,000 from 5,000 in the cryptocurrency circle?
First, you can get rich quickly by relying on copycats, and buy 20 times the coins;
Second, you can use the rolling method, and roll the contract to play.
The formula that must be remembered:
Get rich quickly by copycats, don’t be picky in the bull market, and don’t believe in the bear market
Build positions on the left side, start with the mainstream, and change to copycats with the trend
Don’t increase positions when rising, don’t hold on when falling, and don’t hesitate when breaking arms
The layout is small and refined, don’t move when you are excited, and only eat three-quarters full
Light positions can create miracles, make money in three steps, and get rich quickly as stable as a dog.
Things that must be understood:
1. The currency circle rises and falls together, and the rise in the bull market does not need value support, but only needs a reason for the rise.
2. Don’t talk about faith with copycats, and cut meat when you should.
3. Make friends with Bitcoin.
4. The value foundation of copycats lies in continuous innovation. Once innovation stops, the value will collapse. The value foundation of Bitcoin lies in its invariability. If you are trapped by Bitcoin, there will definitely be a day to get rid of it, but copycats may not.
5. The only ones suitable for left-side trading are Bitcoin and Ethereum. The biggest risk of copycats is zero.
6. At the beginning of a bull market, it is healthy only if BTC stands out. Therefore, first build a position in Ethereum, so that you will not miss out if it rises, and you will not be afraid of being trapped if it falls.
7. Copycats have no defensive capabilities.
8. Do not increase your position when it rises. Position management is very important. Try with a light position, and then increase your position significantly after the increase. It is difficult to play without losing money.
9. The position of Bitcoin and Ethereum cannot be less than half of your total position.
10. When playing copycats, you must take the initiative to miss out and sell it.
11. Fall in one place and get up in another place. Lose money here and make it back in another place. Don't hang yourself on a tree.
12. The biggest cost after being trapped is the opportunity cost.
13. The core of copycats is to know how to sell. The core of mainstream is to hold it.
14. Eat only half full. The fish head and tail are not so delicious. Leave them to the dealer and wait for the leader to come out before eating the fish belly with high certainty.
15. When playing copycat, you must hold a light position. A heavy position will ruin your mentality, and your mentality will ruin your operation. A bad operation will lead to a loss of money.