The world is bustling with people, all for profit; the world is moving, all for profit! Hello everyone, I am your friend Dian Wei Talking about Coins, focusing on digital currency market analysis, striving to deliver the most valuable currency market information to the majority of coin friends, welcome the attention and likes of the majority of coin friends, and reject any market smoke bombs!
Playing with copycats in the cryptocurrency circle is exciting and exciting. Ordinary people want to rely on copycat coins to make a small bet for a big gain, which is no different from gambling, and basically they lose nine out of ten bets and lose their principal in the end. Let me say this confidently: ordinary people bet on a copycat coin that will explode in the future in the cryptocurrency circle and ambush in advance. Such a chance is comparable to the probability of winning 5 million in the lottery. If you can still avoid being thrown off the car in advance during the shock process during the explosion of this coin, the probability is equivalent to not only winning 5 million, but also doubling the bet on this lottery number. Earning several times is equivalent to doubling the bet. Think about it, as an ordinary person, you have no resources, not much funds, no technical knowledge, and no well-informed information channels. You only have a heart of quick success and want to get rich quickly. You follow some big Vs in the cryptocurrency circle, join a few cryptocurrency group chats, and listen to some lagging news and other people's bragging. Today I saw someone make so much money in the group or in the cryptocurrency community or forum. Tomorrow I saw someone say that he had ambushed xx coin in advance and it would soar immediately. There was no time to explain and he had to get on the bus. The day after tomorrow I saw a big V bragging about his post a few days ago that successfully predicted the trend or the explosion of a certain coin. You are itching to get in but have no way out, so you ask for help everywhere. In this state, how can you be lucky enough to buy a coin that is about to explode? When you know how many times a coin has risen and become a hot spot, this coin is already something you can't afford or dare to buy. At this time, if you continue to chase the hot spot boldly, this coin will most likely remain motionless and continue to fluctuate, and you will just become a leek that takes over at a high position. You watch other coins soar one after another, and you lose your patience and can only cut your losses and lose money, and unfortunately you will take over the next coin. The fluctuations of the altcoins are simply beyond the grasp of ordinary people. Altcoins are naturally distrustful, and ordinary people who hold them have no sense of security. They are thrown off the bus when they rise, and forced to cut their losses when they fall. If you are lucky and buy a certain coin and continue to make money, you can't hold it for too long. I admire you if you can hold it back even if it doubles. If you can hold it back even if it triples, you are a god. If you can hold it back even if it increases fivefold, you are amazing. If you can still hold it back even if it increases tenfold, I don't admire you at all, I just think you are stubborn.You may make a fortune on this coin, but you will also lose everything on another coin very quickly. You should know that when the price of a coin rises, it fluctuates, rising a little and then falling a little. For example, you bought a coin for 1u, and it fell to 0.8u today. You thought to wait and see. It fell to 0.7 again tomorrow, and you were a little panicked. It fell to 0.6 the day after tomorrow, and you considered selling it. It rose to 1.2u later, and you were glad. It rose to 1.5 again, and you were happy. It fell to 1.1 again, and you wanted to wait and see. It fell to 0.9 again, and you beat your chest and stamped your feet, regretting why you didn't sell it when you made money. It fell to 0.7 again, and you were even more upset. It rose to 1.1 again, and your mentality, which had been tortured by the fluctuations, collapsed, and you left with a small profit. Then you paid attention to other coins. As a result, after a period of time, this coin has risen to 10u. You only have one word in your heart, and you just want to break your thigh. This is still a good situation that you have made money on this coin. There is a high probability that you will only lose patience in the shock and fall, and sell at a loss in advance. It is human nature to chase the rise and sell at a loss, and only trained people can control it. People hate losses and like gains. These will be infinitely magnified in the currency circle, so ordinary people can't grasp it at all. Playing altcoins, you have times to make money, but in the end you will lose. This applies to 99% of ordinary people. Since everyone is losing money, who is making money? Who is making money: the big V who shouts hard, the team company that issues the currency, the exchange, and the institutions with money to control the market are harvesting the money of leeks. They issue coins just to make money. This coin is a white box in their eyes, but it is a black box in your eyes. They know everything about this coin, how much trading volume, how many trading addresses there are, when to pull the market and smash the market, etc., but you know nothing. Retail investors are like fish in clear water. They hold bait hooks and tighten and release them to lure them. Think about how difficult it is to eat the bait smoothly without being hooked. Therefore, I can say with certainty: as long as you are still in the cryptocurrency circle, and keep playing with altcoins, you will lose money in the end. When you lose a lot, it is easy for people to get carried away, go to extremes, and fight against the coins. Everyone has a gambler's mentality, and people who play in the cryptocurrency circle are even worse.If you lose money, you want to make it back more urgently. If you dare to go all out and hold a large amount of altcoins, you usually choose to hold on to the coins. You know that there is no hope for the coins you hold to rise, but you are reluctant to sell them at a loss. You usually choose to hold on to the coins and hold on to them. There may be a few opportunities for shocks and increases in the middle to save and reduce losses, but you still don't care and just want the price of the coin to rise back without losing money or even want to make money. In the end, it is equivalent to giving up on yourself. In the currency circle, ordinary people must not have any faith in a certain altcoin. You are not the representative of the capital side or the issuing team of this coin. Your understanding of this coin is just some superficial information. There are so many altcoins, and only a very few can explode. More coins are hyped up by the dealers and harvested, and then fluctuated and fell, and returned to silence with the bear market. In the next cycle, they are barely alive. Once you have faith in altcoins, you will hold on to them. If you are lucky enough to encounter an explosive altcoin, you will become rich. Bad luck means holding on to the end and losing everything. What is the difference between this poker game and playing cards non-stop? You are just betting on your own good feelings. Don't trust your own cognition and feelings too much in the cryptocurrency circle. The market will teach you how to be a person. It is easy for a copycat coin to rise from 1 to 100, and it is also easy to fall from 100 to 1. But you may not be able to participate in the process from 1 to 80 because you have never heard of this coin. When it rises to 80 and explodes so many times and you know about it, you buy it, but you are likely to encounter the process from 80 to 1. Many opinions will only be felt when you lose most of your principal. I just want to make one point, it is actually very difficult to make money in the cryptocurrency circle, but losing money is as easy as breathing. Keeping the principal is the most important thing. Only do the highest probability event, don't gamble on luck, even if you can make a lot of money if you bet on it. How much profit corresponds to how much risk. I hope everyone can return with a full load in the cryptocurrency circle.
