Summary of the experience of copying coins:
Buy + hold, look for low market value, high growth, moat, and monopoly
If it rises too much, it will fall! How much of a decline can you bear before you can enjoy the rise! The fundamentals of the project must be good!
Don't be emotional, be rational, with good fundamentals, you must be able to withstand a decline of 30-50%, or even more! Such as 90%! ! !
You can only buy when it falls to a low level, grid trading method, or buy while falling. You have to rely on yourself to invest and manage yourself. Admit that most people will fail in short selling, and short selling means too many decisions!
The more decisions you make, the more mistakes you make. It is enough to seize a few opportunities in life. We pursue doing less and only seek to find a few opportunities. (Exchange avatar Kan, Jianjie)
Buy in batches and different time periods, grid trading method.
Great projects, in the long run, are often not expensive, and price is not the primary consideration for investors. Expensive or cheap, are all from the perspective of the next ten years or more.
You should be happy when the coin falls, it is a good opportunity to increase your position. Buying in on the trend will cause you to be shaken out!
Buying and selling coins have nothing to do with each other. Don’t consider the purchase cost. They are two independent events.