Summarizing the experience of speculating in cryptocurrencies in recent years, it is actually very simple to cross the bear market, as long as you straighten out your thoughts
It is not difficult to make money in the crypto circle.
1.
Buy + hold, look for low market value, high growth, moat, and monopoly
2.
If it rises too much, it will fall!
3.
How much of a drop can you bear before you can enjoy the rise!
4.
The fundamentals of the project must be good!
5.
Don’t be emotional, be rational, and have good fundamentals. You must be able to withstand a drop of 30-50%, or even more! Such as 90%! ! !
6.
You can only buy when it falls to a low level, grid trading method, or buy while falling.
7.
Investment depends on yourself, and you must manage yourself.
8.
Admit that most people will fail in short selling, and short selling means too many decisions!
9.
The more decisions you make, the more mistakes you make. It is enough to seize a few opportunities in life. We pursue to do less and only find a few opportunities.
10.
Buy in batches and at different time periods, grid trading method.
11.
Great projects are often not expensive in the long run, and price is not the primary consideration for investors.
12.
Expensive or cheap, it is from the perspective of the next ten years or more.
13.
You should be happy when the currency falls, it is a good opportunity to increase your position.
14.
Buying with the trend will be shaken out!
15.
Buying and selling coins have nothing to do with each other. Don't consider the purchase cost. They are two independent events.
The bull market is still there. If you don't know how to layout, you can find me through the pinned article. I am willing to share my experience and strategy with you, just for like-minded people! Get rich together!!
