The past 24 hours have been quiet, which makes people feel a little uncomfortable. Although the market is calm, the money-making effect is still insufficient, which leads to low mood. The 80/20 rule applies to any scenario in which we speculate in cryptocurrencies. When everyone is unanimously bullish, we must pay attention to risks; when everyone agrees that only Bitcoin will rise, the altcoins will move. The market always catches most people off guard, and always allows investors who go against the trend to obtain excess returns. It is difficult for the mob to make money in this market, so most people who listen to others telling you whether it will rise or fall every day are paying tuition. It is more important to read the logic of the article, rather than focusing on whether it will rise today or fall tomorrow. Such saliva articles are meaningless. After all, few people can achieve an accuracy rate of more than 60% for short-term trends.
Recently, the trend of small coins has been flat, and the project parties are all playing badly. Many people have left the currency circle, which means that the market is no longer as lively and noisy as before. When the news about small coins is flying all over the sky in the future, they may stomp their feet and regret and re-enter the market. Now the market is quiet, but we should wait more firmly. As long as they can wait for the main force to finish washing the market, they will try their best to make things happen with a large number of chips, and there will be opportunities for huge profits and rising prices. What we have to do is to dance with the dealer, lay out when others are silent, and close when others are crazy.
