In the cryptocurrency market, what can really make money is not simply hoarding coins, but holding on to them.
Token holders need to master three key principles:
1.
Invest your spare money: Only invest money you can afford to lose to avoid being forced to cut your profits due to market fluctuations.
2.
Value belief: Have a deep understanding of the project you invest in, including the founder’s motivations, project philosophy, technical strength, ecological construction, and future value expectations.
3.
Calm: Stay calm about short-term price fluctuations and focus on long-term value and the amount of coins you can hold at ideal prices.
Consensus formation:
1.
After many market ups and downs, speculators gradually exited, leaving behind the real consensus makers.
2.
Bitcoin was initially viewed as unfavorable, but after a decade of ups and downs, speculators and skeptics were weeded out and a strong consensus developed, thus becoming valuable.
3.
Ethereum was not optimistic at first, but after five years of ups and downs, speculators were eliminated and consensus settled, so it became valuable.
The importance of persistence:
1.
I would rather spend five years completing a project than change projects frequently.
2.
Prefer slow progress to ensure stability.
3.
Real accumulation is more important than making money quickly.
Finally, remember one thing: don't sell easily when the market falls. You can consider withdrawing your principal when the price doubles. Don't be greedy, as long as you don't sell, the dealer can't profit from you. This is the key to staying sane and successful in the cryptocurrency market.
