5 Tips for Newcomers in the Cryptocurrency Circle! Must Read
1. The cryptocurrency market has gone through the period of wild explosion. The next stage is the stage of formal financialization and the stage of capital institutions competing against each other. Don't dream of making a profit of dozens or hundreds of times with a coin. According to the current market sentiment, there are not many coins that can increase by more than ten times. Even if the bull market really comes, there will not be many coins that can increase by more than ten times.
2. Although you can make a lot of money by playing the contract full warehouse all-in + full multiple, you can also lose a lot of money. I don't think anyone will tell you that the essence of cryptocurrency speculation lies in rolling positions, not how much profit you make from a single order.
3. Generally speaking, when someone is crazy about CX a certain coin, it is basically coming to an end. At this time, if you have held this coin before, you can consider getting off the bus. If you don't hold this coin, it's best not to enter the market again, because there is a 90% probability that you will take over.
4. Money does not enter the door of haste. Under what circumstances is water suitable for all things to be nurtured? Is it suitable for all things to be nurtured when water is still? So, when you make a profit from trading, please don't be too arrogant, and when you make a loss from trading, don't blame yourself too much. You must understand the principle of "profit and loss come from the same source".
Regardless of whether you make a profit or a loss, you should summarize yourself from time to time and ask yourself why this order is profitable and why this order is a loss? Remember, an emotional person cannot trade well.
