In the cryptocurrency world, a true master may not necessarily have great skills. I have always strictly followed the iron law of the market:
1. There is no top when the price rises, and there is no bottom when the price falls. Many people do not believe that the price of Bitcoin can reach 150,000 US dollars, because the bull market has not yet arrived. Let's say 68,000 is the bottom, but do you believe it when it falls to 62,000? The result is 56,000.
2. It is best not to exceed 5% for each transaction. Why is it more difficult with smaller funds? Real masters build positions in batches of 5%. Think about how many trial and error opportunities they have! How low is the cost!
3. Those who are afraid of heights are miserable. You must know that the cost of the main force in a currency is very high, including publicity and distribution fees, chip fees, development fees, etc. This is not 20%-50%, but several times or even dozens of times.
4. The bull market is the only chance to turn around. Buffett has to admit his loss even if he catches up with the bull market, so Buffett can only stay in the US stock market and stay in Omaha!
5. The backwardness of technical indicators. This is why technical indicators can only be used as a reference, not as the main basis for buying and selling. When the market is rising strongly, the technical indicators are also good. In fact, it has already risen very high. Do you want to chase it? Take the MACD indicator + as an example. There are many cases of golden cross on the same day and dead cross on the next day.
6. Believe that you will eventually defeat the market. Which big boss is not full of confidence? Everyone has lost money, but has never been defeated! If you don’t even believe that you can make money, do you think you can make money?
The insider coins that have been deployed recently are about to start! !
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Impermanence! Impermanence! Impermanence!