Sharing of survival experience in the cryptocurrency circle

1. Be cautious when exchanging coins

Don't easily exchange the coins in your hands. Believe that the coins in your hands will have opportunities sooner or later. Frequent exchange may miss good opportunities.

2. Be wary of popular coins

The coins that everyone is discussing are often close to the peak of the price. There may be a chance of a turnaround in the bull market, but it is hard to say in the bear market, so don't touch them easily.

3. Don't believe in rumors of skyrocketing

Those who claim that a certain coin can increase by a hundred or a thousand times are either stupid or cheating. Even if there is such a coin, can you bear not to sell it when it skyrocketed? Don't believe such remarks.

4. Stay away from contracts in the bull market

The probability of playing contracts in the bull market to survive safely until the end of the bull market is very low, and the risk is extremely high. Try not to touch it.

5. Keep a cool head

When everyone is caught in FOMO emotions, you have to soberly assess the risks and benefits. Protecting the principal is the key, and you must not blindly follow the trend.

6. Don't believe in contract indicators

No matter whether it is a bull market or a bear market, the technical indicators of contracts are often unreliable. The so-called winning rate indicators are often just traps set by dealers. Don't be misled.

7. Stick to your own choices

Coins that can survive in a bear market are likely to rise in a bull market, so you must believe in your choices and don't waver easily.

8. Do a good job of fund management

If you have more than 100,000 funds, don't touch contracts. It is relatively safe to hold mainstream coins; if you have less funds, you can take appropriate risks to invest in altcoins, but you must be cautious.

9. Learn to go with the flow

The currency circle is in a state of decline or fluctuation most of the time, and only a small part of the time is rising. You must have enough patience and go with the flow to better deal with it.

10. Pay attention to the timing of escaping the top

Making money in a bull market is not necessarily safe. The real way to make money is to successfully escape the top at the end of the bull market. Assets may shrink significantly at the end of the bull market, and the bear market is even more terrible, and assets may return to zero. Only 10% of people can make money in the currency circle, and most of them miss opportunities because of greed.

Remembering these points will make your life in the cryptocurrency world relatively stable. #BTC☀ #ETH🔥🔥🔥🔥