How can you make money in the cryptocurrency circle?
In fact, many people in the cryptocurrency circle are not unable to make money, but they have made money, but their inner greed leads to losing everything in the end. Recently, I received some of his own experiences shared by a fan, which I think is very useful, and I share it with you:
I came into contact with this circle in 2017. Everyone calls it the "cryptocurrency circle". Later I learned that it was the end of the 2017 bull market.
At the beginning, I just wanted to learn about that circle and try to invest. According to my memory, the first coin I bought in March and April 2018 was Ontology ONT. It started to rise the next day after I bought it. The highest I saw was 11 dollars on Huobi's K line. I remember clearly that I invested 30,000 yuan and tasted the sweetness at the beginning. I felt that I was an investment genius. The money came too quickly. I even blamed myself for only investing 30,000 yuan at that time.
At this time, trading and mining became popular. Since hearing about FCOIN trading and mining, many people made money and also had FOMO. I remember that I entered the market at 4 dollars, which was a bit late. It rose to 6 or 7 dollars in a short period of time and then began to fall. Then I was afraid, so I ran away and made a little money. Later, looking back, I thought I was right to run. Later, various imitations came out. The one that impressed me the most was a project of CP. CP Exchange was going to go online for trading and mining, and then many people rushed in to frantically brush transaction fees. The transaction fees brushed gave you tokens at a price. I brushed until more than two o'clock in the middle of the night. I was too tired, so I went home to sleep. The next day, the opening price was dozens of times higher. Where had the new leeks seen so much money? I sold it immediately. Later, it seemed to have broken through a new high!
There was another project later, I can't remember what it was called, it also wanted to do trading and mining, also paid a lot of fees, also waited for the opening, the difference was that the opening multiple was not very high, I was ready to learn from the last lesson, fortunately a friend suggested to sell some first to make a profit, Qingxin made a profit himself, the price fell all the way, fell to zero.
The last project that fell into the trap seemed to be BP, the previous plot was the same, the difference was that the project party never opened, there was an over-the-counter transaction in the middle, I entered the big group, was brainwashed, and received a lot of money in the over-the-counter 2 times, the final outcome was a direct break, and fell rapidly all the way.
I left the market because of the blockchain scam, and I made basically no money.
The experience is: when a new trend comes out, as time goes by, the bubble will burst faster and faster, from the beginning of continuous new highs to the final opening directly breaking the issue price. This round of the game is the same! ! !
Then you have to do a good job of risk control, don't believe in the pie in the sky, accelerate the rise to sell, don't be FOMO, and sell the first time.
Time has come to 20 years in a blink of an eye. Decentralized trading is very popular. Since I knew Pearl, I have recharged and entered the market again. I followed a few projects and realized the rapid appreciation of assets in just one month.
After seeing this trend, according to previous stock investment experience, if you want to get higher returns in a limited time, you must increase the amount of funds. Then the most convenient way I can think of is to do it with loans. Later, I saw that some projects began to cut people, so I decisively left the market. At this time, mainstream currencies also began to rise all the way. I think it is expensive, and I am not interested in this mainstream currency. I really just watched it rise all the way! !
It was so uncomfortable, but I knew the bubble would burst. Until 519 came, the price of big cake was 33,000 and the price of sesame cake was 1,900. I bought the bottom, and then according to the previous investment principles, I ran away when the price accelerated. I ran away with 80% of my position when the price of big cake was around 66,000 and the price of sesame cake was around 4,500.
In the second half of 2021, the game boom also came. I could tell at a glance that it was a capital game, just like the previous trading and mining, but it didn’t affect making money. I played all the games and it was over. In the end, I found that I started to cut people and ran away! Value investment does not exist.
Relying on previous experience and lessons, I made about two million in total. I still missed a lot in the middle, but no one is perfect. I can't make all the money by myself, right?
The summary of experience is:
1. Mainstream coins should still be allocated at the right time, and fixed investment in a bear market, otherwise it will be really uncomfortable when they rise
2. When the wind comes, it's over. Have a pair of eyes to discover the wind
3. Survive in the currency circle, find your own way to make money, and one day you will make money
The market is cruel. Think about how to survive, because only by surviving can you have a chance. At the beginning, you will lose a lot, then a small loss, then a small profit, and finally a big profit.This is the correct process. Don't be scared away at the beginning, otherwise you will really become a leek.
If you feel helpless, confused, and can't see the direction in trading at the moment, you can come to my village to have a look. The strategy is to click the avatar Kan Jianjie, and the conditions are real players.
