How should a newbie trade in cryptocurrencies?

Newbies are weak hands, due to lack of market experience, poor concentration, lack of technical analysis and cyclical belief support.

Generally, after getting on the train at a staged high, they often panic and sell at the bottom, making mistakes again and again.

Or they want to earn the difference and accumulate more chips, repeat the bands, and operate frequently, but in the end, the loss is even more serious.

The correct approach is that usually when you find that you are trapped at a staged high, it is already too late. At this time, most of the cases are that the main decline has been basically completed, or is about to be completed, either in the negative decline, or a new low is broken, and a new upward trend will be started.

In this case, there is no need to panic too much, because we can insist on holding on at the node where the bull market frenzy has not yet arrived. This can not only exercise our concentration and stress resistance in the fluctuations of prices, but also wait for a new upward trend and break a new high.

After going through this complete process of getting on board, holding positions firmly, and finally selling at a profit, you will have more and more confidence and the ability to make money.

If you lack the necessary patience and stress resistance, and repeat operations, or even intend to use contract leverage to quickly recover your investment, it will often only backfire, and even cause the disaster of your assets being completely reduced to zero. #现货以太坊ETF获美SEC批准 #贝莱德IBIT比特币持有量反超灰度GBTC #BTC走势分析