Can you really get rich by speculating in cryptocurrencies?
In fact, everyone who has been in the crypto industry knows that there are several small market trends every year, and there is a big bull market every four years after the halving. If you grasp the market trend, it is really not difficult to make money. It is a very good opportunity for ordinary people like us to turn around.
There are only two types of currency transactions, spot and contract.
First of all, let’s talk about spot, that is, hoarding coins. When the bear market comes, most coins have been cut in half and are at a low price. You can choose the opportunity to enter the market, buy in batches, and then hold on until the bull market doubles. The method is very simple, but whether you can hold it depends on the individual.
The second is the contract. Most people say it is difficult to play. Many people end up with zero. Here I want to say three points:
First, choose the right time to enter the market,
Second, control the position,
Third, know how to stop profit and stop loss.
You can only make steady and continuous profits in the contract market if you do these three things well.
