Why do you lose money in the cryptocurrency circle?
The main reasons are as follows:
1. Many copycats are PPT projects. The starting point of the dealers and exchanges is to list the currency and cut the leeks! The result of this kind of dead holding is to fall to the horizon!
2. There are also some that have been hot and popular for a long time. Basically, few people pay attention to or play. You may chase high when the project is hottest. The pattern will only get lower and lower. What you are waiting for may be delisting, or currency exchange!
3. Now the market sectors are rotating very quickly, from chain games, to NFTs, to AI, to inscriptions, to the second layer, and then to the ton series. It has been rotating. The currency circle is speculating on narratives. After the heat is gone, the daily trading volume is pitifully small. Who will pull you up and let you ship? Copycats without heat are worthless!
4. The listing of new coins will take away a lot of liquidity, so it is popular to speculate on new ones instead of old ones. Although new coins cut leeks, their circulation, heat, and trading volume are large, such as the recent DOGS. The daily trading volume is so high, with hundreds of millions of transactions every day. You don’t have to worry about not being able to sell it even if you have a large amount of funds. But if it is a long-ago copycat, and you still hold 100,000 U, and its daily trading volume is only a few hundred thousand U, you will become a small shareholder!
In the past, we paid attention to value coins and potential coins in the currency circle! ! This year, MATIC has changed its currency to Polygon (POL). The value coins that were so popular before cannot avoid the fate of being re-listed! ! ! There is also the previously popular CRV. The founder used various means to mortgage OTC and exchange for a large amount of USDT, and cashed out a large amount of money! ! Are you still thinking that the outdated copycat coin will give you a surprise? You are full of faith in it, and it rewards you with a sickle!
This year, many MEME worthless MEME coins are more eye-catching! ! ! At least PEPE PEOPLE WIF JTO FLOKI SATS, they pulled the market, they pulled it! ! ! On the other hand, some so-called value coins are getting lower day by day! !
Remember, if you have a good entry position, you can only hold BNB, BTC, and ETH.
The honeymoon period of popular altcoins should not exceed one month!
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