How can a newbie survive in the cryptocurrency circle?

1. Only invest in the currency assets that you understand

When we judge a new digital currency, we must first consider the level of its commercial value.

For those applications whose commercial value is not feasible or not large enough, we should be vigilant enough. Look at its development stage and risk situation?

Whether a project is worth investing, its development stage and risk are also factors that must be seriously considered.

2. Learn to control your position. My understanding is that you should not go all in when you come up, and it is the top priority to always keep a part of cash to cover your position.

Many people in the market lose money because of this. You must know that no matter how good the token is, it will not only rise but not fall. Even if the long-term rise is good, there will be fluctuations in the short term.

3. Try to find ways to improve your ability to make money off-site and ensure continuous cash input.

4. Don't chase the rise and fall. Don't start thinking about changing positions as soon as you see other tokens rise quickly. I have tried several times and never made money once.

5. Split your positions. No matter how optimistic you are about a certain target, don't go all in on a token.

6. Be patient. Don't think that you will be wrong if you don't buy it now. The most lacking thing in the market is always money, not opportunities. Please remember this sentence!

Don't think about making a big profit in one go. Patience is a very precious thing in both the currency circle and in life.