Many newcomers to the cryptocurrency space, without even understanding the basic logic of investing, dive in with huge sums of money, only to face numerous setbacks and start over again. Especially with the recent meme craze heating up, I suggest newcomers to observe more and fear of missing out (FOMO) less.
To make money in the cryptocurrency space, you need to have a certain level of investment logic.
Whether based on the continuity of trends and themes, or trading behavior based on technical fundamentals, buying and selling must have a basis; one cannot blindly chase highs or bottom out based on feelings.
In such trading, the probability of losing half is far greater than making a profit.
Only those who have gone through it can truly feel this deep pain.
For newcomers who know nothing, I sincerely advise against blindly entering the market.
Even if you do enter, do not invest too much money.
Start with a small amount to feel the changes in the cryptocurrency space, act within your means, and after developing your own set of trading rules, increase your investment.
If you enjoy contracts, like studying charts, and researching techniques, click on my avatar. With years of experience and skills in the cryptocurrency space, I share freely. I’m here in the community waiting for you, always online, welcome to discuss and improve together.
