Digital currency is a kind of belief currency to a large extent. For those who believe in it, they think that 20,000 or 50,000 is not the top and everything is just a passing cloud. For those who deny it, it is worthless and they think it is a huge bubble that may collapse at any time. Facing the ups and downs of market prices, a good mentality will help us seize market opportunities instead of deliberately caring about temporary gains and losses.
As a manual worker in the cryptocurrency world, I often get asked these questions. Here are some of them:
1. Why did the project I invested in fall below its issue price? What is the team doing?
2. Why did the stock price go up before I bought it, but go down after I bought it? Is someone watching me?
3. Is it a bull market or a bear market now?
4. What kind of coins should I buy now?
5. Why are so many people making money while I am losing money?
6. How can you make money in the cryptocurrency market?
In fact, I also want to know the answer to the above question. I also want to know when Bitcoin will rise, how much it will rise, and which coin will increase by a hundred or a thousand times as soon as it goes online, so that I can buy some.
When it falls, you want to buy; when you buy, you want it to rise; when it rises, you want to sell; after selling, you want to buy it back. This is the most undesirable mentality in cryptocurrency investment.
Your understanding of the future determines how high you can reach in this industry.
In the field of investment, it is crucial to strive to improve your knowledge and cognition of the industry and develop a good investment mentality. The 28th Law tells us that 80% of investors lose money. Most successful people in the field of financial investment have the following characteristics:
1. Maintain a good attitude, be neither arrogant nor impatient, and wait patiently for opportunities.
2. Strict financial risk management.
3. Strictly follow the investment plan. Plan your trades, trade your plans.
Technical knowledge can be acquired through learning, but a good mentality must be perfected through a lot of investment practice. The training of mentality requires countless time and energy, and it is a psychological state formed after paying painful lessons and rich life experiences.
The best mentality is to have no desire to win or lose, and to let yourself jump out of thinking, ideas, and emotions. Here, there must be a premise that the funds used for investment must not exceed your ability to bear, and this investment must not affect your life and family. This is the most important point. Only execute the pre-established trading rules and trading plans. The premise is that the plans and rules are in line with the market. But people are emotional creatures, and there is no such thing as no emotions. The essence of investment mentality is anti-human nature.
Today's blockchain is like the first wave of the Internet, and is still in its wild growth stage. This stage is full of risks, passion, and infinite possibilities for wealth myths.
If you want to seize this bull market, it is definitely too late to learn and sell now.
It would be great if someone could get you started quickly.
I am Sister Hong, welcome to communicate