Twelve pieces of advice for newcomers to the cryptocurrency industry!
first advice
The cryptocurrency market has gone through the period of brutal explosion. Next is the stage of formal financialization and the stage of competition between capital institutions.
Stop dreaming about pinching a coin and eating it dozens of times or a hundred times. According to the current market sentiment, coins that can multiply ten times are very rare.
Even if the bull market really comes, there won't be many coins that can increase more than ten times.
second advice
Playing new games in the primary market is indeed a small investment with big returns. However, people who recommend you to play in the primary market will not tell you that 99% of projects will return to zero.
Even if you are on some small-name exchanges, when a certain KOL loses his chips, he will most likely ask you to hold on, and he will take a step in advance.
The third piece of advice
Although you can make a lot of money by playing contract full position stud + multiplier max, you can also lose a lot of money.
I don’t think anyone will tell you that the essence of currency speculation lies in rolling positions, not how much you earn from a single profit.
The fourth piece of advice
Under normal circumstances, when someone is crazy about CX a certain currency, it is basically coming to an end.
At this time, if you have held this currency before, you can consider getting off.
If you do not hold this currency, it is best not to enter the market at this time, because there may be a 90% probability of taking over.
The fifth piece of advice
If you are a college student, please put your studies first and currency speculation second.
If you are a young person under 25 years old, please focus on improving yourself and speculate on currencies as a supplement.
If you are a young person under 30 years old, please choose a stable income as your first priority, followed by currency speculation.
Trading is a battle, not a day.
At the same time, trading is a time-consuming journey.
Even a talented trader needs to continue working for five years to achieve financial freedom.
Having an excellent off-site earning power and platform can provide its own sustainable capital supply, which plays a multiplier role in our success.
The sixth piece of advice
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