This dog market has absorbed all the counterfeit snow.
A new batch of people has started to complain again.
They have been reminded to reduce their positions, reduce their positions, reduce their positions, and now they're being honest!
For newcomers who have just entered the cryptocurrency space, even if they are fortunate enough to make money at first, it is often very difficult to truly keep that money. Most of the time, they end up losing both the principal and the profits back. In fact, only when you have personally stepped into many pits, suffered numerous losses, experienced enough losses, and continuously engaged in trial and error and deep reflection to improve your understanding, learning knowledge that can promote your growth from these experiences, can you possibly possess the ability to achieve sustained profits in this cryptocurrency market.
When trading in the cryptocurrency space, even if everyone buys the same cryptocurrency, the final profit differences can be very large. Take bottom fishing as an example; whether you can catch the bottom price depends entirely on how well you grasp the timing of market trends and the overall macroeconomic situation. If you don't understand a particular project, even if that project can have a hundredfold or thousandfold increase in the future, it has nothing to do with you. Therefore, before buying any cryptocurrency, you must thoroughly understand the potential of the track that this cryptocurrency is on, check the resumes of the project team members, be clear about its issuance volume, understand its release mechanism, know what functions the project has assigned to the Token, study whether its profit model can be sustained, and estimate where the market cap ceiling of the industry this project is in might be. By calculating these aspects comprehensively, you can determine the possible increase in the future. Only by fully understanding a project can you hold it steadily. Moreover, you must have a clear buying and selling plan. You need to know that in the cryptocurrency space, your level of understanding directly determines your profit ability.