#Cryptocurrency investors were deceived and mistakenly thought it was a big lie——?

Everyone who has just entered the currency market often doesn’t know where to start when they see thousands of coins on the exchange.

At this time, if you ask some old leeks, most of them will often tell you the phrase "fry the new but not the old". So, is this sentence correct?

It is true that in every bull market, there will always be some outstanding new coins that increase hundreds of times. However, I naturally disagree with the view of "speculating on the new rather than the old".

In the last currency market cycle, I bought three hundred-fold coins, Dogecoin, $aave, and $bnb. When I bought Dogecoin, the price was RMB 2 to 5 cents. When the big bull market came, it reached a maximum of more than RMB 5 yuan (I didn’t get the last one back then;

My buying price for $aave was 7 US dollars, and the highest price rose to more than 700 US dollars; I bought $bnb for about 150 RMB, and the highest price reached 690 US dollars, and the RMB reached about 4,900.

Although I haven’t bought all the above coins at a hundred times, in the last bull market, they were all genuine hundred times coins. However, back then, they were already typical old coins.

Looking at this cycle again, $nos and $troll among the old currencies have now stood out from many altcoins, and have experienced a hundred-fold increase from their price bottom.

To sum up, don’t you think that “speculating on the new but not the old” is indeed a lie to countless people, but there are still many people who still believe it to be a lie?

In short, I personally believe that the success of currency market investment has a certain amount of luck, and is closely related to a person's investment vision, market experience, desire self-control ability, operation execution ability, financial strength and other factors, as well as whether the currency is new or old. The relationship cannot be forced.