Choosing coins is not easy, but it is not the most difficult. Choosing the right one does not mean you can make a lot of money. The key depends on how you play.
First of all, you have to think clearly about what kind of money you want to make? Simply put, there are two types:
One is to make steady money, just choose those coins that everyone recognizes, such as mainstream coins and sector leaders. These coins rise fast when the market is good, and they can recover quickly when the market is bad. Making this kind of money is easy and stable. Although the odds are not particularly high, if you do a good job of the band, the return is not bad.
The other is to make emotional money. This is usually a new thing or a hot spot driven by capital. Making this kind of money depends on vision and speed, with strong explosive power and quick results. But you have to keep up with the capital trend, see where the liquidity is going, and what the key figures say.
The key to choosing coins is to match your personality and investment strategy. Some people are suitable for steady and steady, while others are suitable for fast, accurate and ruthless. As for me, I take both into account. I am sensitive to heat and I will also look at the K-line. I will pursue the coins that have already risen and make money from the second wave of rise.
The most important thing is to achieve unity of knowledge and action. You have to understand what kind of money you are suitable for, be bold in trial and error, and cultivate your sense of smell and execution. Fund management is also very important. Don't invest all of it. You also need to have a plan. How to stop profit and stop loss, you have to think clearly, and then firmly implement it.
Finally, you have to have a sense of faith. Investing is actually a journey of life. You have to believe that you can stick to it and eventually become a better self. Although the currency circle is difficult, it grows fast. Life is only a few decades long. Isn't this also an interesting experience?
If you want to dig deep in the currency circle, but can't find a clue, you can see my homepage profile if you want to get started quickly. I hope our encounter is friendly.
