How to play with cryptocurrency⭕ and why can others do it while you can't?
How to make money in the cryptocurrency market?
How can you make money in the cryptocurrency market?
Generally speaking, there are 2 ways to play.
1. Buy Spot
As an old-timer in the cryptocurrency market, let me tell you the truth: in the cryptocurrency world, to make money, you must remember that slow is fast, and fast is slow. In other words, do less short-term trading. Or, be a holder of coins; early on, Li Xiaolai was a coin holder.
The safest bets are Bitcoin and Ethereum, especially Bitcoin. No matter how much it drops, in the next bull market, it will still rise and break new highs.
As for altcoins, holding them for a long period of years carries a lot of risks. They are highly volatile, and the key is that many altcoins may drop and never recover.
The volatility in the cryptocurrency market is greater than that in the stock market. If you think this way, can you make money by trading in waves?
Those who trade in waves can earn some small money in sideways markets, but very few people make big money from short-term trading in the end.
Regardless of the market, those who truly make big money rely on one-sided trends in the market, either continuously rising or continuously falling.
