Can you still play the currency circle now?
OX Mingfeng----eye view web3
To be honest, if you understand, or have carefully read the Bitcoin white paper, to understand blockchain and the development of on-chain technology, you will definitely understand that this is a future field that is still in its infancy.
But this doesn’t mean you can speculate in coins casually.
A piece of advice for newbies in the currency circle: Don’t be in a hurry! Study first, study, and then study!
Not willing to research the market on their own
If you only listen to the advice of experts in the crypto market, you may end up with a lot of mistakes. But if you're willing to learn and listen to expert advice, you can make better investment decisions about market issues.
Perceptual investment, emotional investment
Letting emotions determine trading is a common approach for newcomers to the cryptocurrency industry. Forex market experts have proven that acting on emotion can destroy your entire investment. Did you know that one of the things that destroys a trader's portfolio is "emotional decisions"? Never let emotions drive your actions.
The rush to buy “cheap and unproven” altcoins
There are various "100 times coin" recommendations every day in WeChat groups and Moments, which is really envy-inducing. Many leeks went in without any precaution. However, the end result is mostly harvested.
Always worried about missing opportunities
Every time there is a big rise or fall, I feel itchy and regret that I didn't catch the opportunity. This sentiment often fuels trading that chases the rise and kills the fall. New opportunities appear in the currency circle 24 hours a day. So relax your mind and nerves and travel light.
What to say later:
Although the currency circle is not a Ponzi scheme, if you want to conduct frequent transactions, I suggest you treat it as a Ponzi scheme.
Old people, bankers harvest newcomers. Basically, those who make money in every bull market are the old people who were harvested in the previous round, and those who lose money are the newcomers who entered the market at the end of the bull market. A cycle of four years keeps getting bigger and bigger. When the market is big enough, there will be no bull market.
My view on currency speculation has never changed. It is a scam. Only by recognizing the scam and participating in it will you not fall into it, let alone be brainwashed. The bull market should be taken, the bear market should be cut, no mercy.
But I decided to invest in Bitcoin and Eth because I saw the value behind Bitcoin and the blockchain. In my opinion, Bitcoin surpassing gold and catching up with the US dollar is an inevitable result. This process may be long, but the Bitcoin train is always ahead. Yes, fixed investment is more like a value investment.
My name is OX Mingfeng. If you want to delve deeper into the currency circle but can’t find a clue and want to get started quickly, you can send me a private message and receive free information. I hope these can help you build a good worldview and basic cognition, and walk less. Detours, I hope we can all go our own way, come on!