Many people have always thought that the key to getting rich by speculating in cryptocurrencies is the so-called wealth code. The wealth code is of course very important, but the premise is that you have the ability to grasp this wealth code.
Do you think I mean to hold it?
It's not that simple.
How do you know that you are not holding a zero-coin? Are there not many people who have gone bankrupt and jumped off the building because of holding a heavy position in the zero-coin?
You still have to form your own investment logic.
For a wealth code, either you go to the left, do value investment, study its fundamentals clearly, and understand its value in depth. Then, hold on to the day when its price can realize its value.
Or you go to the right and do trend trading. Follow up after the breakthrough and sell after the break.
Go to the left, you have to spend time to deeply understand the track of this coin. Study the advantages and disadvantages of this coin. Do in-depth research. Otherwise, you have no faith in your heart and will definitely not be able to withstand the fluctuations. Even with the help of the grid, you will constantly doubt yourself, whether to close the order and wait for the price to fall before opening an order.
If you go to the right side, you need to have a deep understanding of the breakthrough on the right side, how to use the technical analysis indicators of the breakout, and the dynamic management of the position. You also have to bear the frequent scams of the volatile market.
Whether it is the left or the right side, you have to have some material. Only then can you make money on this wealth code.
The wealth code is 0, and you are the 1 in front.