Rules for survival in the currency circle: 10 key points
1--Stable currency holding: Do not change currencies frequently, because the currency in your hand will have a chance sooner or later!
2--Pay attention to the discussion: When various parties start to discuss a certain currency, it is best to remain vigilant, it may mean that the currency is close to the top! A bull market may bring back an increase, but a currency in a bear market may not recover for a lifetime!
3--Be cautious in trusting: Don’t trust anyone who claims that a certain currency will achieve a hundredfold or thousandfold growth. These people are either naive or they are liars! Ask them how many times they can get, but unless you forget about hundreds of times coins or thousand times coins, you may be out if you rise 20% in one day!
4--Stay away from contracts: Don't get involved in contract trading during the bull market, as you may not survive the bull market!
5--Keep calm: When others are greedy, you must stay awake and consider the risk-benefit ratio. If the risk is greater than the return, never enter the market! Only by protecting your principal can you go against the trend!
6--Be wary of indicators: Especially in contract trading, don’t trust indicators too much. Indicators may frequently fail in bull and bear markets. The so-called winning rate indicator is just a trap for the dealer. Once the dealer stops playing, you are not far away from liquidating your position. !
7-- Firm belief: Firmly believe that the currency you hold will rise in the bull market if it survives the bear market! The bull market is like this, thousands of coins fly together!
8--Choose investment: If you have more than 100,000 funds, don’t touch the contract. If you hold mainstream coins and leading coins stably, tenfold will not be a problem! If the capital is less than 100,000, you can try to invest in altcoins. Among altcoins, the price will double at the end of the bull market!
9--Follow the trend: Firmly believe that the market is like this. Your currency may fall by 50% for one month or even two months in a row, but it may only take one day to rise! The currency circle falls and fluctuates 90% of the time, and rises only 10% of the time!
10--The Way of the Bull Market: Making money in a bull market is not easy. Only those who successfully escape from the end of the bull market can be called money-makers. Once the bull market ends, assets may shrink by half in a day, or even 90% or even zero in a year. This is the scariest thing! Only 10% of people make money in the end of the bull market, because greed leads to all this!
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