#MemecoinSentiment How can a newbie become stronger in the Pie Circle
If you don’t have much capital and want to eat in the B circle, there is a simple method that can keep you
As long as you master this method, the following#traderscan earn 3%-10% more
Below I will share with you my experience in the past few years
1. Don’t be greedy, just pick one or two coins to play with first. There are so many#virtualcurrencies in the#coincircle, like stars, dozens or hundreds of them, but we small retail investors have limited energy and money, so don’t think about trying everything. It’s best to focus on 1-2 coins, and at most 3
2. When the price goes up and down, don’t move blindly When the market is booming, do you think that the coin will double in value, and all you can think about is to recharge and buy it quickly? On the other hand, when the market plummets, you feel that it is over and you should sell it quickly! At this time, you are in a hurry and are most likely to do stupid things. My suggestion is that when the price goes up or down too fast, don't move, calm down and wait and see
3. Don't put all your money in, keep a steady mind and don't go all in. It is best to keep 30%-50% of the money in your hand, so that you can cover your position if it falls, and you can add some code if it rises. If you put too much money in, you will be happy if it rises, but you will panic if it falls. Once your mentality collapses, all decisions will be distorted. Leave some room for yourself
4. Run when you make enough money, don't be greedy, and admit your losses You have to set a goal for yourself when speculating in cryptocurrencies, such as selling when you make 20%, regardless of whether it will rise later. Many people just want to make more money, but end up trapping themselves. Greed is human nature, so you have to control yourself. The same is true when you lose money. Set a bottom line, such as cutting when you lose 10%, don't just bear it. Many trading platforms can set up automatic buying and selling, set the price and