If you want to make money in the cryptocurrency circle, you must know six points:
1. Understand what the bull-bear cycle is, such as the bear market is the time to buy chips. When the bull market comes, it is time to sell chips.
2. Understand what tokens are good, such as Ethereum, Bitcoin Ecosystem, Ethereum Layer 2 Project Coins, etc.
3. Configuration, that is, to do a good job of stratification, with mainstream accounting for 50-60%, value coins accounting for 20-30%, and new projects accounting for a little. Reasonable positions can protect your mentality.
4. Emotions. People with good emotions, first of all, cannot be in debt, cannot have no cash flow, cannot have nothing to do, cannot look at coins every day, care about coins, and not care about other things. Then, people with bad emotions who are anxious to get rich may sell as soon as the price rises, and cut their profits as soon as the price falls.
5. Good expectations, how much do you expect to earn in a bull market? Don't be unrealistic. It is reasonable to earn 5-10 times in a bull market. If you want to earn 100 times or 1,000 times, this can only be done if you forget. If you buy a lot, you are destined to never forget.
6. Know how to hide, make money and collect grain, harvest in autumn and store in winter, wait for the bear market next year to continue sowing, wait for the next cycle, even if you only have tens of thousands, you can get millions, hundreds of millions, basically you can get 5 million or tens of millions.
