Several ways for ordinary people to make money in the cryptocurrency circle and how to close the pit
First, honestly hoard coins, hold on to spot goods, and hold them for 3-10 years. Hoard the right target. No one will be poor. What target is the best target in the cryptocurrency circle, as long as you are in the cryptocurrency circle, you don’t have to choose at all. This seems to be the simplest, but in fact, no one takes this path, so the competition is the smallest.
Second, use the currency standard as your asset standard. Use existing coins to participate in high-quality activities, such as the IEO of Binance Exchange. Boring Ape’s pledge. Liquidity mining, etc. can all make money, but this small fund is meaningless and is suitable for large funds.
Third, it is to trade. Trading is the most difficult, but it is also the most desirable for ordinary people, and it often feels the simplest. For example, to open a contract, just click the mouse, and a master will tell you what point to open an order. In fact, ordinary people can’t make money, and they all go to be fuel.
Fourth, participate in the hype of hot concepts, such as the Shanghai upgrade of ETH, which will pull up, so you hype it up. For example, if APE has a pledge activity, you predict that the liquidity will decrease and the market will pull up, so go and participate. For example, if LTC has a halving event, then go and participate. These are all hype based on events. I personally do not recommend doing contracts, only spot, and manage positions and stop losses.
Fifth, various activities, such as NFT new listings, whitelists. Activities in the primary market to receive airdrops, etc. These all require a little technical content. Ordinary people can also learn through learning
Let me talk about the method of closing the pit.
If someone is tempting you with benefits, telling you how much you can earn by buying a certain coin, or following him to buy contracts to make money. That must be a liar.
Anyone who tempts you with benefits is actually not a good person, because they are not pure-minded and must have a purpose.
In the financial market, if you are trading, you must have your own trading system. I have my own system for copying the copycat. I sell when the price falls below the 60-day moving average, buy when it rises above the 60-day moving average, and sell when it is more than 25% away from the 60-day moving average. I use 25% as the take-profit point. If it is a copycat in a bull market, then it is the other moving average rules.
There is also a very important reminder: anyone who shouts orders is unreliable. Those who can be accurate to a certain number of points are either bad or stupid.Try not to believe any of the various charlatans who post their orders or claim to have inside information.
