Recently, the number of people paying attention to the fourth wave of bull markets in the crypto world is very high
The reason that resonates with most people in the market is actually very simple
It's all because BTC broke the previous high, and then altcoins started to rise collectively
Adding many long-dormant altcoins have revived: vitality
Taking advantage of the heat of the market, share a very important formula in the crypto world
Principal<Chips<Consensus<Technology<Human Nature; this is the most core element that runs through the bull and bear cycles in the crypto world
If you can understand the relationship through this article today
Congratulations, you already possess the correct investment thoughts and concepts
If you understand the relationship through this article today, you will definitely achieve more with less in your future trading
First, let's talk about the first point: Principal
This is easy to understand; it's the amount of money you currently invest; this value will change
Because most people invest when they see the market is good, they will start various actions, borrowing
This varies from person to person, but the amount and the investment strategies employed are completely different
Many people lose money because they ignore the importance of position management
Sometimes the objects you refer to may have a principal that is several times yours
But you can completely copy others' entry methods
In the end, others made money, but you lost money
Most people think they lose money because they don't understand the technology, but it's actually due to their lack of position management
Second point: Chips
Chips refer to: cryptocurrencies, which in the crypto world refers to coins
Only by buying coins can the results of profit and loss be generated
One thing that must be clarified in the crypto world is: to make money, you need to buy the right chips
To increase the probability of making money, you need to buy the coins that major players are accumulating
And not based on feelings, buying some coins recommended by others without careful selection
The reason I don't recommend everyone to trade cryptocurrencies this way is very simple
Firstly, when it rises, you can't hold it; secondly, when it falls, you start to fall in love
Third point: Consensus
The consensus here specifically refers to: bull and bear cycles
Many people think that consensus refers to the number of holding addresses; this is part of it
But today I want to say that the consensus related to us ordinary people is the bull market and bear market
Only when retail investors and major players reach a consensus on the bull market can they buy crazily
Only then can it brew a four-year cycle bull market in the cryptocurrency world
So this consensus is even more important compared to the previous two
Only when the trend comes can you do things more efficiently and naturally
Fourth point: Technology
Technology refers to the ability to identify bull and bear cycles
This is the only way for beginners to overtake in a curve
Never think you can take money away from the crypto world without learning, contributing, and working hard
In the long history of the past, no one can take the money from the crypto world by luck
Those who can truly make money and keep it
It all takes time, energy, and resources, and finally summarizes a system that belongs to oneself
As long as you spend some time checking, you can find the answers from the big shots in the crypto world
Fifth point: Human nature
This is the final checkpoint that truly determines whether you can make money
Countless people have fallen victim to human nature: greed, anger, ignorance, slowness, doubt, and reality
Many people repeatedly fail in bull markets and bear markets
Actually, the most terrifying point is: the lack of understanding of human nature
They are always trying to find shortcuts, find ways, and find capital
But there has never been a deep reflection or summary
Ask yourself if you are satisfied with your current results? Are you really confident about the future bull market?
Many people think that they are always sharing valuable information and want to know the buying and selling points
Little did you know, this only satisfies your inner greed for unearned gains
This will only take you further down the wrong path
I have been sharing these investment thoughts, correct concepts, and experiences
The goal is to reveal the truth about making money
Visible money is small money; only by cultivating your inner value can you become a holder of wealth
The opportunity has come, assets have doubled! Follow Brother Li closely and easily make big money
Continuously follow: A2Z, ASR