In the world of cryptocurrency, don’t rely too much on authority, just trust facts.

How many times have I failed in my cryptocurrency investing experience? Someone said: In 2017, BNB was priced at 15 yuan each. I bought 10,000 BNB and sold them all when the value reached about 20 yuan. At that time, I was closest to financial freedom. Today it has reached $600 per coin, which is a failure. Another person told me an inside message that a new B coin will be issued at 7pm, which will increase in value by at least two zeros, starting from 100 times. I didn't pay attention to it, but I paid attention. The value increased seven times within a few minutes of going online, and increased to 27 times after half an hour. I was ready to sell, but found out I couldn't sell it. It turned out it was just a scam and I didn't make a penny. I think I'm lucky enough not to have suffered too many losses. The only time I bought EOS was 40 yuan, which later fell to 12 yuan, but eventually rose back up, making a total of 50,000 yuan. At that time, I had tens of thousands of EOS in my hand, and now they are 5 yuan each. Luckily I sold it in time.

This incident made me alert. You must not trust others when buying cryptocurrencies. No matter how good it sounds, you cannot blindly follow the trend, especially when everyone is talking about it. The so-called good does not refer to the project itself, but refers to everyone saying that buying this can make you rich quickly. Everyone who holds it is getting rich, so won’t those who sell it get rich? This goes against the law of profit for a few. Buying Bitcoin won't make you rich quickly as I would be very cautious about that. This is what I learned from the bloody lessons on EOS. Too many people lost their money on EOS.

I luckily escaped, but I will always be wary of anything unusual about this. With a little luck, I survived. If a cryptocurrency continues to fall but is touted all the time, I will start to wonder why it is so good but never rises. There must be something bad about it, or the benefits that it is touted are false. When you buy a cryptocurrency, don't ask others whether the currency is good or not. Whether they say it is good or not has no impact on the future of the currency.

The so-called prediction is just a guessing game, no one can predict accurately. So don’t be superstitious about authority in the cryptocurrency field, just trust the actual situation.There is only one criterion for a good currency or a bad currency: a currency that can appreciate in the long term is a good currency.

I have summarized the strategies to avoid losing money in the cryptocurrency field: hold on > swap positions > sell > swing trading > contracts.

In general, holding on is the most profitable. If you don’t understand cryptocurrency yourself, then I suggest you follow me. Whether it is a new currency or a popular currency, a small move may be your limit. The opportunity is short, so be sure to seize it! Success is not just about luck, choice may be greater than hard work. A high-quality community changes your destiny. Keep up with a good team and good leaders. Paying attention to Nanshen is half the battle in the cryptocurrency field!