Several ways for ordinary people to make money in the cryptocurrency circle and avoid pitfalls! !

First, honestly hoard coins, hold on to spot goods, and hold them for 3-10 years. Hoard the right target. No one will be poor. What target is the best target in the cryptocurrency circle, as long as you are in the cryptocurrency circle, you don’t have to choose at all. This seems to be the simplest, but in fact, no one takes this path, so the competition is the smallest. There is no such thing as any volume or internal friction. I don’t care about the rise and fall of the coin price at all, because it is too anti-human. I personally took this path. I think it is very suitable for me. It may be caused by my personality. I also made money by taking this path.

Second, take the currency standard as your asset standard. Use existing coins to participate in high-quality activities, such as the IEO of Binance Exchange. Bored Ape’s pledge. Liquidity mining, etc. can all make money, but this small fund is meaningless. It is suitable for large funds.

Third, it is to do transactions. Doing transactions is the most difficult, but it is also the most desirable for ordinary people, and it often feels the simplest. For example, to open a contract, just click the mouse, and a master will tell you what point to open an order. In fact, ordinary people can't make money, they are all used as fuel.

Fourth, participate in the hype of hot concepts, such as ETH Shanghai upgrade, it will pull, then you hype it up, such as APE has a pledge activity, predicting that the liquidity will decrease and the market will pull up, then participate. For example, LTC has a halving event, then go and participate. These are all hype based on events. I personally don't recommend doing contracts, only spot, and manage positions and stop losses.

Fifth, various activities, such as NFT new listings, whitelists. Activities in the primary market to receive airdrops, etc. These all require a little technical content. Ordinary people can also learn through learning.

Next, I will talk about the pit closing method.

In the financial market, if you are doing transactions, you must have your own trading system. I copied the system myself, and I left when it fell below the 60-day moving average, bought when it rose above the 60-day moving average, and sold when it was more than 25% away from the 60-day moving average. Take 25% as the profit stop point. If it is a copycat in a bull market, then it is the other moving average rules. There are many, many methods, but they must be simple. I also shared with group friends in the group how to copycat and how to sell.