If you are a newcomer in the cryptocurrency circle, I believe you must be like this now!
First of all, the first thing you do when you wake up every day is to open your phone to check the price and see if your assets have increased.
Then check the information in each group to see if there is any good news about making money or bad news. See the opinions of various cryptocurrency friends.
When you walk or eat, as long as you have free time, you will take out your phone to pay attention to the market. The decline and rise affect your emotions.
When you go to bed at night, you open it again. If there is no fluctuation in the market, you can rest assured at night. If the market rises sharply, I believe you will make a sound, "Wow, it's amazing, it's rising again", and then go to bed very late in excitement, and you may even dream about coins at night.
Another way is to discuss coins with people every day, how much do you think this coin can rise, what do you think of this coin, is it okay, and listen to them saying that this coin can rise a hundred times.
How much did you buy and when did you buy it? How come the one you bought has risen so much, why hasn't mine risen yet, I really envy you.
The coin you bought didn't increase, but others' coins did. You may switch to other coins. If you must switch, I suggest not to switch all of them. If you want to switch, 20-30% is enough. If you really switch to the right one, you will just earn less.
If you go to the one that has increased, there is a risk of taking over. In this market stage, your coin may increase immediately after you switch. Then you will regret it. Anyway, I have experienced such a situation.
You must remember that it is very important to have a mentality of earning less in the coin circle. Only by knowing how to collect can you survive to the end. If you earn less time after time, you can accumulate into a big profit, and the result of your big profit is completely different from the mentality of earning a big profit once. If you have experienced several rounds of bull and bear markets before getting rich, I guarantee that you have a different concept from them. They are impatient, you are calm, they will float, and you are calm. In the end, you are sure to have the temperament of being rich, and they may have the temperament of getting rich quickly.
At this stage, we should no longer adopt the U-standard, but the currency-standard, with the goal of increasing the number of currencies. By 2025, I hope you will be based on the U-standard, with the goal of increasing the number of U currencies.
Whenever you see the big guys, big guys, middle guys, and small guys in the group expressing their opinions, you may think it's nothing at first, but when they are right a few times, you may believe it, but the past is not absolutely equal to the future. People always make mistakes. If you believe these analyses and predictions, you will most likely fall into a trap. When the market trend is always upward, there is only a difference between a large increase and a small increase. Everyone's predictions are basically correct, and once the trend changes, it is the difference between making more money and losing more. So believe in your own judgment, hold the coins in your hand, don't change positions casually, don't buy randomly, control the number of your chips, control your track, wait for the wind to come, and then you just sit firmly, and the strong wind will blow the money over.
If you are making money now, then you must not be as cautious as in the bear market. The market is still the same market, but your mood has changed. In the bear market, you also heard various news, but you were very cautious. After observing for a long time, you dared to buy a little less. At this stage, you will think it's good when others say it's good. As long as you have money in your hand, I believe you are more or less willing to buy a little. Your courage has obviously increased, but the market has never changed. After all, it is the market that has changed you.
At this stage, try not to look at the coins you bought, don't study them, don't listen to other people's opinions, just two words: hold them. If you can still make money off-market, hold the money and wait for good targets and opportunities. New targets will definitely appear in the bull market. Buy a little appropriately, provided that you do your own research, don't buy when others say so. At least you have to figure out a few basic questions, what problem this coin solves, what track it is on, how much is the market value, how much is the financing cost, who is the founder.
Those who make a lot of money in this market are nothing more than based on cognition or based on staged forgetting of the targets they bought. If you really can't do it based on cognition, then just forget it, look less at the market, listen less to analysis, and discuss less. You must at least eliminate any factors that can interfere with your wealth emotionally.
You want to get rich, but there are countless factors hindering you, and that factor also includes yourself, and you are the biggest obstacle!
As an investor who has been working in the cryptocurrency world for many years, I am willing to share my experience and insights with you for free. If you are interested in the cryptocurrency world but don't know where to start, you may wish to follow my homepage and discuss the mysteries and future possibilities of the cryptocurrency world with me. Click on the avatar to find me.
