Recently, I've seen many people exposing fake bloggers! Good thing!
Some so-called bloggers analyze with substance, drawing charts, drawing lines, and brainwashing, along with a bunch of newbies listening! Don't be blinded by surface appearances!
A popular saying in the circle: You understand so much, you must have lost quite a bit, right? This saying is very true!
Here, I'll remind everyone to keep their eyes wide open and not to think of them as gods!
I started trading in 2015, buying physical assets,
In 2020, I officially entered the market with large funds.
In 2021, I turned a capital of $10,000 into $300,000 before it went back to zero! I was young back then! Didn't treat money as money! Regretted it a lot!
Capital doesn't get wiped out all at once; like many people now, it gets lost in batches, daily stop-losses, and repeated liquidations!
Only now have I broken even! Still making money! Accumulated quite a bit of physical assets!
Below are my suggestions for everyone!
1. Newcomers should not trade contracts, only buy mainstream physical assets! (Don't buy knockoffs), if you really feel the urge, stick to mainstream contracts like BTC, ETH, BNB, controlling the margin rate to within 5%! It must be after a significant drop!
2. Newcomers should not trust anyone's analysis of altcoins or mainstream price trends! (Including me) because I am also gambling!
3. Some people can recover their losses by trading contracts, but most people trading contracts will never recover their losses in this lifetime, (some blogger relies on deception to recover losses!)
4. Don't always think about 10x or 100x in secondary physical assets, stop daydreaming! Even if it can reach that height in the future, it will require a long waiting period! Expect volatility along the way!
5. Newcomers, when profits reach the 1-5x range, you can withdraw your principal and wait for the next big cycle!
6. Do not trust any blogger promoting certain altcoins, or else you will end up back at zero! Unless you make a profit and exit the market, otherwise, the luck you gained will eventually be lost due to your own skills!
7. Allocate 70-80% of your physical assets to regularly invest in BTC, ETH, BNB!