$BTC Don't be a leek in the cryptocurrency circle! It's not too late to change now.
Most novices lose money not because of bad luck, but because they fall into these three fatal pits-
Itchy hands staring at the market, the more you trade, the more you lose
You can't help but operate when the K-line jumps? High-frequency trading is equivalent to giving money to the exchange. You stare at that little fluctuation, and the dealer stares at your principal. The more operations you make, the more you lose, and finally you find that the handling fees are more than what you earn.
Take the life-saving money to go all in, and your mentality explodes
Rent, milk powder money, and medical expenses are all put in? The market shakes a little, you can't even sleep, and finally you cut your losses painfully. Remember, you should use spare money for investment, and it is more important to sleep than to make money quickly.
Leverage is pulled to the full, and you are looking for a dead rhythm
10 times leverage? A needle can make you return to zero. It is normal for the cryptocurrency circle to fluctuate, but with leverage, any small wave can kill you.
How to survive the bull market?
Be a friend of time
Don’t think that you can double your money tomorrow if you buy today. Good projects take time. Bitcoin was also called a scam back then. What about now?
Control your hands and money
Ask yourself before investing: If you lose all this money, can you still live? Use the spare money that you haven’t moved for three years, buy in batches, don’t spend it all at once.
Do your own research, don’t listen to scams
Check clearly before buying coins: What exactly does this project do? Is the team reliable? Is the code updated? Don’t be led by big Vs, check the data on the chain yourself.
Anti-human operation
Don’t be jealous when others show off their 100-fold returns, that’s all survivor bias. Don’t cut randomly when the market is panicking, don’t chase randomly when it’s crazy - stock up in a bear market, sell in a bull market, this is the hard truth of making money.
The last truth: In the currency circle, living longer is 100 times more important than making money quickly. Do less operations, hold on, and you will find that making money is not that difficult.
The market changes every day, so you have to wait for the right time to make a move. If you are still too confused, you might as well pay attention to it. I usually share some cutting-edge information and practical strategies. You are welcome to discuss at any time and seize the big opportunity together!
