As a newcomer to the cryptocurrency circle, what should you pay attention to?
A 6-year veteran investor says, take fewer detours.
Before trading, let’s not talk about making money. Do the following basic operations first, and then talk about making money.
Don’t download software casually, don’t open links casually. Many people have their coins stolen every year. This was stolen yesterday. There are many pitfalls in the cryptocurrency circle, and newcomers can easily step on mines!
Words of experience:
✓ No matter how awesome the project is, don’t chase it high if you miss it. There are opportunities for callbacks
✓ Either enter the market at a very early stage - low market value, high profit and loss ratio.
✓ Either enter the market after understanding it - stop profit or stop loss can control the rhythm.
✓ Either enter the market when there is a certain opportunity - high safety margin.
X Don’t enter the market when FOMO - irrational, impulsive, easy to lose money.
X Don't enter the market when you don't understand and it's already a new high. If you don't understand, you can't hold on, or sell at a loss, or run away at a little profit, and the probability of losing money is high.
Key point: If you want to make money in the financial market, you must be patient. If you don't have first-hand information sources, you must wait for opportunities honestly. You must be more patient than others to make money from others.
Remind an opportunity: the 2024 Paris Olympics, a bull market that happens every four years, the Olympics that happen every four years, the focus of the world, the hot spots in the currency circle, ambush in advance $phryges
