How to get started for newbies in the currency circle: play with currency and hold the coins
Recently, some novice friends were very anxious when they saw the price drop. They held on if it fell by 10%. They became anxious when it fell to 20%. They stopped the loss when it fell to 25%. When it reaches 25%, it will chase the high. As a result, it will chase the top of the mountain as soon as it chases the high. The market fell again, back to its lows.
Some people say that the currency circle is a zero-sum game, and the assets in the hands of new and old users in the currency circle have been transferred. Only those with higher cognition have the opportunity to gain profits. Without cognition, they can only contribute fuel to the market.
When Bitcoin is trading sideways, many people are worried that the market will collapse and wonder whether digital currency can still be played; there are also Bitcoin believers who buy the bottom at every price trough in anticipation of a rise. No one can buy low and no one can sell high.
When the market falls, many people lose confidence and worry about whether Bitcoin is a scam and will it happen again in the future? After the market rose, I regretted not buying at the low point and missing out on a new round of growth. When the market rises, daily gains of 15% are not a problem; when the market falls, panic and suspicion spread, and stocks are cleared.
Ten-year-old Lee Lee said that digital currency is a long-term game, and holding on and waiting is the best way to make money, there is no other way. Of course, it is not easy to hold on for a long time. You need to be able to endure loneliness and control your desires in order to become a great winner.
Digital currency is not about getting rich overnight. Investment is a step-by-step process. Only those who can wait a long time will benefit in the end. If you are also new to the currency circle and are concerned about digital currencies but don’t know how to play. Don't act rashly, don't operate randomly, holding it is the safest way. Maybe the profit is not much, but the loss is definitely less#gala #BOME #WIF #BTC #FIL