Investing in the cryptocurrency circle: Don't be a follower, reason is king
In the turbulent world of cryptocurrency, everyone wants to get rich quickly and become a star that everyone pays attention to. But the market is like the sea, sometimes calm, sometimes stormy, washing away unrealistic fantasies.
Look at Bitcoin, it fell from a high of $19,000 to $3,000, and then soared to $69,000. It sounds exciting, but if you count from the last high, it's just that, it's only increased a few times. Now, even if it can reach $130,000 to $150,000, although it seems to have made a lot of money, compared with the previous increase, it's a small increase. The future market is estimated to be more stable, and the days of ups and downs may be less and less.
Let's talk about altcoins. In the past, when the bull market came, 100x and 10x coins were flying all over the sky. What about now? 100x coins? Don't even think about it! There are very few coins that can increase tenfold. If there is a copycat coin that can increase tenfold, it is simply a miracle among miracles. For ordinary copycat coins, it is a miracle to burn incense.
Friends who are new to the industry always want to make money easily and think they are born investment wizards. But the reality is cruel. In this market, making money is harder than climbing to the sky, and losing money is commonplace. Every time a bull market comes, everyone is afraid of missing out and follows others to chase highs, but the result is often that they lose everything. Once the bull market is over, everything returns to calm, as if nothing has happened.
Therefore, we investors have to be rational and don't rush forward. In the spot market, don't hold on to it. Sell when you should, don't be greedy, and stop when you see a good profit. You have to be more careful with copycat coins. If they double or triple, withdraw quickly and put the profits in your pocket to feel at ease. In this ever-changing market, those who can keep their capital and make money steadily are the real masters.
Next, I will lay out three projects that Trump is optimistic about. Friends who want to make money with me must keep up with my pace.
