I couldn't sleep at night and wanted to share a simple and easy-to-use trading concept with my friends who have just entered the currency circle. It is currency-based thinking.
So when should we use this trading concept? In fact, it is very simple when you are optimistic about a currency in the long term. Take $BNB as an example. Currently, bnb is recognized as a golden shovel. Every time new coins are mined, holders of bnb make a lot of money. It can be said that they eat and take money. Then for such a high-quality coin, we should use currency-based thinking to invest. Rather than considering how much these coins are worth now, we should pay more attention to how to increase the number of coins. Operations that can increase the number of coins should be done more and more vigorously, and operations that can reduce the number of coins should not be done. But how can we increase the number of coins? In addition to continuously increasing one's own investment, the conventional operations include taking part of the position and constantly selling high and buying low to earn more coins. The profits obtained from staking and airdrops are also continued to be bought and reinvested, and there are also real-life airdrops. Use some spare money in your life to keep buying, and these behaviors together will form a long-term fixed investment in value coins. "90% of the time in the currency circle, it fluctuates sideways, and only 10% of the time it really skyrockets."
But there is another core premise that you have to spend enough time to conduct in-depth research on the projects you are optimistic about, because a bad project will never take off. Through simple research, I can teach you that the first thing you need to look at is the fundamentals of the project to understand the background of the project party, project ecology, community building, and public attention. Then there are the current market value, various airdrop expectations, and how subsequent large-amount unlocks will be released. These are mainly considering the future of the project. There are many other things that you need to learn slowly. It is very important to be a good dysor!
If you are a newbie who has just entered the industry and is ready to invest in the blockchain for a long time, currency-based thinking can solve many problems such as "Why is it that everyone is going up but mine is not going up? I don't want to play anymore, but I get thrown off the car, and I go back to FOMO after it skyrockets." The problem of being stuck as a result. The coins you choose will be different depending on the amount of funds you have. If you have a large amount of funds, you will definitely have a big pie, and the rest can be considered as the leader in each sector. (Bnb is still the most recommended now)
I made a simple sharing. If you don’t like it, don’t comment. I wish everyone can get satisfactory results in this bull market #心灵树洞