Shocked! 10 truths about cryptocurrency investment, how many do you know?
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1. Contract trading: treading on thin ice
You think that contract trading is a 50-50 game, but in fact, only a few people can make a profit, less than 10%. Contracts are very risky and only a very small number of professionals can control them.
2. Behind the surge: dangers lurking
When you hear about a project making a lot of money, it often means that the time to take over has come. Many projects are carefully planned scams that use people's greed to reap the profits.
3. In despair: hope emerges
When you feel that the market is hopeless and the price of the currency is about to return to zero, the bull market is often coming. The cryptocurrency market is cyclical, and the bottom of the bear market is a great time to lay out.
4. The dealer harvests: the cost of standing guard at a high position
When you are sure that a certain currency will soar, it is usually when the dealer is ready to harvest. Investors who take over at high prices are likely to become leeks in the end.
5. The cryptocurrency circle is not easy: losses are the norm
The cryptocurrency circle may seem glamorous, but it is actually full of risks. There is no investment that is guaranteed to make money. Newcomers are likely to be cut off.
6. The truth about KOL: It is not what you think
You think KOLs have a good income, but many KOLs who do not cut leeks, do not cheat, and do not issue coins may not have as much income as you. Many KOLs are spokespersons for dealers and serve to harvest leeks.
7. Local dog trap: 99.99% return to zero
You think local dogs have a chance to turn 100 times, but in fact 99.99% of local dogs will return to zero. Most local dog projects are worthless funds, and investors need to be cautious.
8. Embrace dealers: only then can you get a share of the pie
You think dealers are enemies and you have to fight against them. In fact, dealers are the dominant force in the market, and only by following dealers can you get profits.
9. Value investment: fictitious
There is no real value investment in the cryptocurrency circle. All coins have no intrinsic value. Their value comes from people's desires. Cryptocurrency investment is more of speculation than value investment.
10. Rely on luck: not hard work
The cryptocurrency circle is full of uncertainty. Even experienced investors cannot guarantee profits every time. Getting rich in the cryptocurrency circle depends on luck, not hard work.
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