Can money be made in the cryptocurrency market? Yes, but only a small number of people can.
Eighty to ninety percent of people are losing money or making money by luck and then losing it back. When in floating profit, they think it will rise further, but when they don't sell, it ends up dropping. Floating losses lead to panic selling. When in floating loss, the mindset is poor, lacking patience, or they have been stuck in floating losses for too long.
Just recovered the principal and immediately had spare money to invest. Do not take loans, do not borrow money from others. The time for the operator to wash the market is not fixed; they will only pull up the market after washing away the weak-willed chips. With too many retail investors on board, the operator will not pull up the market. It is impossible to pull the market up after completely washing out retail investors; the operator will not sell off just for a few retail investors. Do not listen to good or bad news; the operator may have already known the good news before us. The operator uses good news to sell off, distributing chips to retail investors who like to chase highs and cut losses, and uses bad news to crash the market and absorb panic chips.
To get rich, you need a stable trading system and strict execution of that system. Sometimes, do not think about gambling for a big profit; that gamble could set you back significantly. If you don't understand the market, don't take risks that outweigh profits, so skip that trade. Earning money and achieving financial freedom is great, but attention must also be paid to the safety of withdrawals to avoid receiving dirty funds. Choose merchants that have been registered for more than two years and trade with a few fixed merchants to avoid WX ZFB risk control.
A stable trading system. Capital allocation. Position ratio. Coin selection strategy. Most of the positions purchase mainstream cryptocurrencies, with a small portion in altcoins.
You can download the Aicoin + market information software to check if a certain token has investment institutions and on how many exchanges it is listed. Altcoins can only be held in small amounts to avoid delisting from exchanges, and use a pyramid position to lower the average holding price.
