Six suggestions for friends in the cryptocurrency circle!
1. When the price of a coin rises steadily, the callback is like a small station on the road, and it is a good time for us to get on the bus. Remember, there is no coin that will rise forever. The callback is like a spring accumulating strength to jump higher next time.
2. If the price of a coin obviously enters a downward channel, then every rebound is a good time for us to get off the bus. Once the trend is not good, it may take more than half a year to rise again, so don't hold on and don't waste time.
3. The short-term rise and fall mainly depends on everyone's emotions and the fundamentals of the coin. In the long run, don't always stare at the little money in front of you. In the current market, the emotions are in place, and the fundamentals will determine how much the price of the coin can rise.
4. The bottom that we think we have is often not the real bottom, but more like the middle of the mountain. The real bottom depends on everyone's emotions and capital flow. Don't blindly buy the bottom, otherwise nine out of ten people who buy the bottom will be trapped.
5. Don't always listen to those good news. The real market is all about expectations. Many retail investors like to listen to news to speculate on coins, but what you hear may just be what others want you to hear. Even if the news is true, it may have been passed on several times. By the time you know it, the market will be over.
6. Don't increase leverage casually. This will not make it easier for you to make money. Once you lose money, the amount of loss will be rapidly magnified, adding unnecessary risks to yourself.
Six years of experience in the cryptocurrency circle. Any questions can be consulted for free. If you want to join Junyang, click on the avatar to discuss together. #Megadrop #比特币减半 #token2049 #大盘走势 #Meme