10 Iron Rules for Making Millions in the Crypto World:
1. Trading cryptocurrencies is about trading emotions; consensus is reflected in trading volume.
In this field of volatility and uncertainty, trading cryptocurrencies is essentially trading market emotions. When the market sentiment is optimistic, investors are confident and rush in, pushing up coin prices. For example, when significant breakthroughs in blockchain technology are announced, the entire crypto world is immersed in optimism, and investors actively buy, causing prices of various coins to rise. Conversely, when market sentiment is pessimistic, investors panic and flee, causing coin prices to drop. For example, when rumors of tightened regulatory policies arise, panic spreads quickly, leading investors to sell off and coin prices to plummet.