In fact, cryptocurrency investment is somewhat similar to raising a dog. If you don't believe me, just look at it.
Phase 1
Buy a dog, 500
Coin version: On the first day, you bought a coin with great expectations, spending 500 yuan. You are full of hope for this investment and expect it to bring rich returns.
Phase 2
Buy a dog bed and dog food, 500
Coin version: You decide to make additional investments and purchase related hardware wallets, security measures or other additional services and tools, spending another 500 yuan. You believe that these additional investments will ensure the safety of your investment and bring more benefits.
Phase 3
Being bitten by a dog, getting a rabies vaccine, 1500
Coin version:, the market fluctuates, and your investment suffers a sharp decline. In order to stop losses or deal with market risks, you have to invest more funds or take emergency measures, spending 1500 yuan.
Stage 4
Walking the dog, the dog is lost
Coin circle version: Your investment is gone due to unexpected reasons such as hacker attacks, exchange problems or loss of private keys. You feel very frustrated and it seems that all your efforts have been in vain.
Stage 5
Throw away all the dog food
Coin circle version: You have lost confidence in your investment and decided to give up and throw away all your equipment and tools. You decided to quit the cryptocurrency circle
Stage 6
The dog is back
Coin circle version: Who can add to it