Losses in a bull market are rare. In theory, you can make money if you buy a coin and wait for it to rise.
Even if you sell it after it rises by one or two times, or cut it in half after it rises by ten times, you can still make five times more if you run away. Why do some people still lose money?
There are mainly the following reasons:
Blowup
1. Contract killer: No. 1, no second. In the currency circle, I have two confusions. One is that novices dare to open contracts to speculate in coins directly, and the other is that some people lose all their accumulation in contracts.
2. Solution: Don’t touch contracts. If you really want to play, use at most 5% of the position to play, and add the money you make to the spot.
Full position chasing high and holding it for a loss
1. Conditions for big losses: You must have a full position, and you must chase the highest point, hold it for a long time after being trapped, and finally cut your losses. If you do these four steps, it is difficult not to lose money. 2. Common phenomenon: This incredible "coincidence" often happens to newbies.
Full of junk coins
1. Puzzling phenomenon: In the bull market, the hands are full of local dogs, and the warehouse is full of cxb.
2. Risk warning: The currency that is bound to return to zero does not mean that you can earn a hundred times or ten thousand times. There is a high probability that you will go to the grave together.
Laolang is ambushing a currency that is about to explode recently, 30% in the short term and about 5-8 times in the long term. If you are interested, please see the introduction in Laolang's avatar.
