You can never make money beyond your knowledge. Even if you make it through luck, you will lose it sooner or later.
The contract is not suitable for novices. Can't beat the trader
Newcomers playing in this market should avoid contract and leverage transactions.
Especially contracts involving non-mainstream currencies.
These trades are often subject to the powerful influence of traders, who may be able to significantly influence market prices with relatively small amounts of capital.
For ordinary investors, participating in such a market is tantamount to gambling and carries extremely high risks.
The sure-fire way to grow your wealth is to invest regularly.
Whenever you receive a salary or other income, use your spare funds to buy and hold a certain currency when its price is low, and mainly allocate it to mainstream currencies.
For example, if you buy and hold Bitcoin when its price is relatively low, you can realize an increase in the value of the asset when the price rises.
After a currency appreciates, you need to learn to judge market sentiment and choose the right time to make a move. Many people buy when market sentiment is high, hoping that prices will continue to rise.
But often the market will start to fall after reaching a certain high point.
Rationally judging market sentiment and taking timely action are the keys to protecting investment returns.
If you feel confused and can't see the direction when it comes to trading right now, you can come to my village and have a look. Just nod your head and look like a real player in Kanjianjie!
