Speculating in cryptocurrencies with small funds is the dumbest but most stable way to make money. Speculating in cryptocurrencies with small funds is the dumbest but most stable way to make money. If your funds are less than 100,000, it is easier to make money by speculating in cryptocurrencies than in stocks. This is a fact. Here is a simple method for speculating in cryptocurrencies. As long as you stick to it, it is not difficult to achieve steady profits. Don't doubt that you can't learn it. Seize the opportunity and you and I can stand on the same starting line. Many people ignore this method. After learning it, you can earn at least 3-10 points a day. Select the currency type and don't be greedy: There are many currencies in the currency circle, and small retail investors have limited energy. Don't speculate too much at the same time. Choose 2-3 at most. When there are too many currencies, it is difficult to make reasonable judgments when the market fluctuates, and it is easy to make mistakes. When the market rises and falls, respond calmly: when the market soars, don't impulsively buy and fantasize about getting rich; when it falls sharply, don't panic and sell for fear of losing all your money. Emotional fluctuations can easily miss the right time to operate, so be sure to stay calm. Reasonable positions and balanced mentality: don't operate with full positions, and reserve 1/3 of funds for emergency. If you are fully invested, you will be passive and anxious when the market crashes. Only by keeping your position flexible can you easily cope with fluctuations.
Set stop-profit and stop-loss, and refuse greed: set clear goals, set profit points, and withdraw when you make money. Many people want to make more money because of greed, but end up losing more than they gain. Set stop-profit and stop-loss, let the computer execute automatically, and don't let emotions dominate decision-making.
Learn technical analysis: Many cryptocurrency investors come from the IT circle and lack basic knowledge of financial investment. Instead of blindly following the trend, it is better to spend a few days learning some basic technical analysis to improve your judgment.
Operate in batches to spread risks: Don't enter the market with a full position at one time, but operate in batches. For example, if you plan to buy 10 bitcoins, you can buy them five times at different time points to reduce the risk of one-time operation.
Think independently and believe in yourself: Don't trust other people's analysis easily, as the market views are complicated. When making decisions, make your own judgment. Price trends are difficult to accurately predict, and believing in yourself is the key.
Cryptocurrency speculation cannot rely solely on following the trend. Mastering technology and keeping a calm mind are the way to success. If you can think independently, manage risks well and stop losses and take profits, the profits in the cryptocurrency circle will eventually belong to you.