Is trading coins really profitable?
Here's a simple answer:
1. First of all, you and I are both Chinese, living in mainland China, which is almost the only international free trading market we can access.
2. The new capital market is still a blue ocean.
3. First consider whether you are suitable for this (when the market is bearish, do you dare to buy? At the end of a bull market, do you dare to sell? Can you hold on without changing your position in between?)
4. If you decide to trade, go to Binance or OKEx, don't use counterfeit exchanges; many people have witnessed the previous issues with Huobi's self-inflating tokens.
5. Absolutely do not touch contracts, whether you are a beginner or an expert; unless you are a genius in both mindset and skills, it's hard to profit steadily in contracts.
6. Spot trading is king; the inability to hold is a common problem for most retail investors.
7. Borrowing a phrase from Li Xiaolai, be friends with time.
8. Compound interest is terrifying; slow is fast. Brothers, let's make money together in this bull market!!
