Several key points for getting rich quickly
Achieve wealth freedom
The following is an analysis of insisting on repeating these points:
1. Don't chase high or hot spots: Hot spots in the market often have high volatility and uncertainty. Chasing high and hot spots is easy to fall into the trap of blindly following the trend, resulting in increased risk of loss. Keeping calm and not following the crowd can make you more rational in investment decisions, thereby reducing mistakes caused by impulse, which is more advantageous than half of the people.
For example, when a hot sector suddenly rises, many people will rush in regardless of everything, while those who do not chase high will observe its subsequent development and avoid taking over at high levels.
2. Don't do ultra-short-term: Ultra-short-term trading requires extremely high skills and time investment, and the transaction cost is also high, and it is also accompanied by greater psychological pressure. Giving up ultra-short-term operations can make investment more stable and reduce the loss caused by frequent transactions.
For example, some people buy and sell stocks frequently every day, consuming a lot of energy and handling fees, while those who choose a more stable mid-term or long-term strategy avoid these problems.
3. Select coins based on fundamentals: By analyzing the fundamentals of the project, such as team strength, technical prospects, market demand, etc., you can screen out investment targets with greater potential and value. This can avoid relying solely on market sentiment and short-term fluctuations and increase the success rate of investment.
It's like choosing a digital currency with good development prospects and strength, rather than just choosing it based on temporary popularity or hype.
4. Analysis cycle from large to small: The analysis sequence from monthly, weekly to daily lines can allow investors to better grasp the combination of major trends and short-term fluctuations and improve the accuracy of entry timing. Observation from macro to micro can provide a more comprehensive understanding of the market status.
For example, the monthly line shows a long-term upward trend, the weekly line is adjusted in place, and the daily line shows a buy signal. Such a comprehensive judgment can increase the probability of profit.
5. Don't touch leverage: Although leverage can magnify returns, it also greatly magnifies risks. Rejecting leverage can avoid the huge risk of losses caused by leverage and maintain the stability of investment.
Insist on repeating the following years, financial freedom is only a matter of time:
1. If you don't chase highs or hot spots, you will win 50% of people
Second, do not do ultra-short-term trading, and you will win over 70% of the people
Third, use fundamentals to select coins, and you will surpass 90% of the people
Fourth, from large to small, look at the monthly line first, then the weekly line, and enter the market from the daily line to almost surpass 95% of the people
Five, do not touch leverage, and reject all temptations of leverage
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