When investing, many people make a mistake: buy when the market goes up, and sell when the market goes down. This is actually a misunderstanding. I bought it when the price was low, but some people thought it had no prospects. As a result, when it rose to a high price, those who missed it became anxious and started to buy at a high price.

For example, the current price of FET is $1.56, but many people are afraid to buy it, fearing that it will fall. What I want to say is that the good time is to buy it when it falls to $1, rather than waiting for it to rise to $2. Investing is like this, you must dare to buy it at a low price. If it goes up, you will make money; if it doesn’t go up, it’s just a matter of luck. But if you always chase high, you are just helping those who buy low and sell high to make money.

To be honest, no one can accurately predict the bottom of the market, so buying in batches is a good strategy. But there is really no point in chasing a currency that has already hit a new high.

I’m not saying that you can make money tomorrow if you buy it today. Investing takes time, but if you have money in your hand but dare not take risks, it is really difficult to make money.

The worst case scenario is that the market starts to fall after you buy high, and then you sell at a loss because of fear. In that case, you really lose. Instead of this, it is better to find other ways to make money, such as participating in some activities to create new cash flow.

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