Do not casually predict the market, otherwise you may face many unexpected surprises and shocks.

Many people have always thought that the key to getting rich from trading cryptocurrencies is the so-called wealth code. The wealth code is indeed very important, but the premise is that you have the ability to grasp this wealth code.

Do you think I mean you should just hold on to it?

It's not that simple.

How do you know that what you are holding is not a zero-value coin? Because there are plenty of people who went bankrupt and even committed suicide after investing heavily in zero-value coins.

You still need to form your own investment logic.

For a wealth code, you can either take the left side, do value investing, study its fundamentals clearly, and deeply understand its value. Then, hold on until the day its price can realize its value.

Or you can take the right side, do trend trading. Follow up after a breakout, sell after a breakdown.

If you take the left side, you need to invest effort to deeply understand the sector that this coin is in. Study the advantages and disadvantages of this coin. You need to do in-depth research. Otherwise, if you lack conviction, you will definitely not withstand the volatility. Even with the help of grids, you will continuously doubt yourself, whether to close your position or wait until the price drops before opening a position.

If you take the right side, you need to have a deep understanding of how to use technical analysis indicators for breakouts and breakdowns, as well as dynamic position management. You also have to endure the frequent traps during volatile markets.

Whether it’s the left side or the right side, you need to have some knowledge yourself. Only then can you make money from this wealth code.

The wealth code is 0, and you are the 1 in front of it.

Let me share a trading record with fans from the afternoon, $NXPC . Although I didn’t capture the profits from the rise, I did catch the profits from the decline. Luckily, I went short, otherwise, I would have been stuck at the peak. It’s a blessing in disguise, as I earned much more than going long 😂

If you are feeling confused right now and don’t know whether to short or go long, you can follow my first-hand updates 👀👉@财经风哥 , where I share long and short strategies every day.

$PNUT $XRP

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