A few tips for newcomers in the cryptocurrency circle! ! !

Tip 1:

The cryptocurrency market has gone through the period of wild explosion. The next stage is the stage of formal financialization and the stage of capital institutions competing against each other. Don't dream of making a profit of dozens or hundreds of times by pinching a coin. According to the current market sentiment, coins that can increase tenfold are rare. Even if the bull market really comes, there will not be many coins that can increase more than tenfold.

Tip 2:

Small investment and big return However, it is true that the recommendation of new listings in the primary market is that people who play in the primary market will not tell you that 99% of the projects will return to zero. Even if you go to some small exchanges, some KOLs will most likely ask you to hold on when they throw chips, and they will take a step ahead.

Tip 3:

Although you can make a lot of money by playing the full warehouse of the contract + the maximum multiple, you will also lose a lot of money. I don't think anyone will tell you that the essence of currency speculation lies in rolling positions, not how much profit you make from a single order.

Tip 4:

If you are a college student, please focus on your studies and currency speculation as a supplement. If you are a young person under 25 years old, please focus on improving yourself and trade in cryptocurrencies. If you are a young person under 30 years old, please focus on choosing a stable income and trade in cryptocurrencies. Trading is a hard battle, not a one-day battle. At the same time, trading is a time-consuming journey. Even a talented trader has to continue to do it for five years to achieve financial freedom. Having an excellent off-site earning ability and a platform that can provide its own sustainable capital supply will play a multiplier role in our success.

Advice 5:

Don't trust those who post position income too much. It is possible that they only have a certain position that has gained income. In fact, many of them have negative income. The probability of posting it is to let you recognize him, so as to achieve the idea of ​​harvesting you.

Advice 6:

People who play contracts will eventually return to zero. The accuracy rate is as high as 99%. Don't disbelieve it, because human desires are unlimited. Few people can really give up gambling and do every transaction rationally. Trade a hundred times, lose control once, and the previous income + principal will be wiped out.

Advice 7:

You should pay attention to bloggers who share experiences, rather than those who brainwash/promote/or make money. Think about what you can learn from them.