Many people think that investing in cryptocurrency is simple:
Invest ten thousand dollars, don’t worry about it, and sell for a million after ten years.
However, the reality of the cryptocurrency world is like this――
You enter the market with ten thousand, and the next day it becomes five thousand. At night, you toss and turn, unable to sleep. Every deep night that you wake up needing to go to the bathroom, you will open the APP to check the market.
After finally enduring a year, the price fluctuates between 1000 and 6000, you are mentally exhausted, and you decide: if it can rise to 9000, you will cut your losses and exit. However, when the bull market comes, your coins rise to 8500. You recall a few past ups and downs, feeling that it must return to 6000, so you sell at 8500, preparing to wait for a pullback to buy again.
You certainly made a profit, but this time, the market did not return to 6000; instead, you hesitated and, fearing to miss the opportunity, bought in at 9000, bringing your position back, but you have less coins. Then, it pulls back from 9000 to 7000, and you waver again. Watching it rise to 12000, you finally made a profit; when you calculate, the annualized profit is 20%, and you comfort yourself: this is also a good investment!
This is the true portrayal of a novice: going all in, full position, cutting losses, chasing highs and selling lows, repeatedly tossing and turning.
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Recently, I plan to ambush a potential coin that is about to explode, doubling is quite simple, and I also plan to find some potential coins to hold until the end of the year, expecting a tenfold increase is not a problem, if you want to keep up, watch my bamboo leaves, leave a message, follow, and like. $BTC $ETH $SOL #市场波动，加仓还是观望？ #美国GDP数据即将公布 #币安HODLerTHE #XRP市场价格动向 #比特币盘整分析