Why do I always lose money when I trade in cryptocurrencies?

How do you make money?
Only a very small number of people make money in the cryptocurrency circle, and the vast majority lose money. This is a zero-sum game that does not create any value. Every penny you lose is left to the very few people who make money.
If you are a newbie, who do you owe money to?
Do you expect the dealer to lose money? Do you expect people like bloggers to lose money or do you expect exchanges or project parties to lose money?
The reason is actually very simple. You are the weakest in this circle, so you should lose money.
This is the world of wolves. If you come in as a lamb, you can only become a meal.
Think about it this way, and you will actually feel more comfortable.
If you don’t have enough knowledge, investment ability, concentration, understanding of the project, and faith in the future, and you want to come in to make money, then you will definitely lose money.
And you will find a strange phenomenon. When you buy, it falls, and once you sell, it rises.
Many people find it strange, but in fact you are not alone. Most people are the same as you.
If you want to make money in this circle, you must improve yourself and follow some reliable bloggers such as Caishen, hehe 😘😘
Then invest in the right way, use small funds to try and gain experience, grow up as soon as possible, be patient, and don't worry about gains and losses.
The most abundant thing in the currency circle is opportunities.

Risks and opportunities coexist in the currency circle. If you haven't found a suitable team and leader, you might as well contact Caishen through Caishen's homepage. Free dry goods and benefits will be shared with you. Remember, opportunities are always reserved for those who are prepared.
#BTC #ETH #币圈现状

If ordinary people want to make money in the cryptocurrency circle, they must either become experts themselves or follow a powerful circle!

Let me tell you about my experience in the cryptocurrency circle!

After 312 in 2020, Bitcoin was $4,500, Ethereum was $110, and there were more than 20 targets such as HT, BCH, ETC, XRP Binance's HOT, etc., which entered the market at the bottom. It was not until May 14, 2021 that Bitcoin left the market at more than $63,000, and Ethereum left the market at more than $3,300. On May 17, the remaining nine positions escaped the top and cashed out.

The funds of the first-layer position in the entire bear market rebounded and shorted spot derivatives during the bear market. At that time, Huobi had shorted the spot at a negative one before it was cleared from the mainland market. Later, after Huobi was cleared from the mainland market, it used Binance BTCDOWN, ETHDOWN, ADADOWN, LINKDOWN, etc. to short spot derivatives. When seizing the opportunity of several rebounds, it also gained several times.

Until November 23, 2022, when Bitcoin was at $15,487, we judged and analyzed that it had bottomed out based on the Qianlong Strategy and Yuelong Strategy and started the layout of this bull market. The nine-layer position funds cashed out in the previous bull market were arranged at a relative bottom.

Although the market has adjusted recently, we are just taking profits. This is the advantage of being able to understand the trend of the bull-bear cycle conversion in the currency circle.

These are personal experiences in the currency circle. If you don’t believe in the bull-bear cycle, have sufficient industry knowledge and professional skills, it is very difficult to get results in the currency circle.

Although there are many opportunities in the currency circle, the risks and pitfalls in the currency circle are incomparable to traditional industries.

There is never a lack of leeks in this circle. How many people have lost terribly in this circle, or even lost their fortunes.

I know 90% of the detours and pitfalls in the currency circle, and I sincerely hope that everyone will take fewer detours and pitfalls.

There are only two ways to get results in this circle:

The first is to be knowledgeable, have outstanding skills, and have a trading system that is suitable for you and can generate long-term, stable and continuous profits.

The second is to find a high-quality, positive, powerful and responsible circle, believe in it 100%, and learn and improve your own cognition and professional ability. Then the cost of trial and error will be very low, and the probability of making money will be greatly increased.

So which one are you?
There are risks and opportunities in the cryptocurrency world. If you haven't found the right team and guide, you might as well use the page to connect with Caishen. Free dry goods and benefits will be shared with you. Remember, opportunities are always reserved for those who are prepared.
#BTC #ETH #币圈现状