How can novices easily achieve wealth freedom in the cryptocurrency circle? The following suggestions are a must-read!
1 Look at the market rationally:
The cryptocurrency market has gradually moved towards formal financialization. Don't dream of easily multiplying by dozens of times. Under the current market sentiment, it is really rare to have a coin that can multiply ten times. Even if the bull market really comes, there will not be too many such coins.
2 Be wary of primary market risks:
Although the primary market seems to be attractive, 99% of the projects may return to zero. Those who recommend you may not tell you these risks, so be careful.
3 Avoid contract trading misunderstandings:
Full warehouse all-in + full multiples seem to make a lot of money, but the risks are also huge. The essence of currency speculation lies in rolling warehouses, not pursuing a single profit.
4 Focus on studies and career:
If you are a student or young person, please focus on studies and self-improvement, and currency speculation can only be a side job. Trading is a protracted battle, not a matter of one day or one night.
5 Be cautious about other people's earnings:
Don't easily believe those who only show part of the position earnings, they may just exaggerate to attract you.
6 Contract trading is extremely risky:
The probability of people playing contracts eventually going to zero is extremely high. Human desires are unlimited, and rational trading is the long-term solution. One out-of-control transaction may make all previous gains vanish.
7 Pay attention to valuable content:
Choose to follow bloggers who truly share experience and knowledge, rather than just posting profit or brainwashing content.
8 Communicate with seniors in the cryptocurrency circle:
Make more friends with seniors with rich experience in the cryptocurrency circle. Even if they have been trading for many years and still lose money, they can help you avoid some common mistakes.
