Strictly speaking, the market is driven by emotions. Even if you only have 10u, when the market is in extreme panic, you can enter the mainstream coins, and when the market is in extreme greed, you can exit 90%. Each time is 10 times. Unless the cryptocurrency market goes to zero, how could you possibly incur losses? Therefore, those who incur losses are the ones who want to operate every day, selling before extreme greed, and the higher the frequency of operations, the more they lose.
Cryptocurrency Mindset First, once you enter the cryptocurrency space, the money is no longer yours. Second, the lower the leverage, the more profit; the higher the leverage, the more loss. Third, avoid touching junk coins; understanding mainstream coins is already impressive. Fourth, maintain a 20% stop loss; it's crucial for your survival. Fifth, take profits at 90% when the weekly 60-day moving average is reached, the rest is left to fate. Sixth, opportunities only come to those who are prepared; maintain 50% ammunition, and panic buy mainstream coins when below 10. Seventh, it's just a game; don’t treat it as your main business; if it improves your life, that's harmless. Eighth, the difference between gambling and investing is that gambling involves going all in every time, while investing involves small amounts each time. Ninth, if you haven't reached 1 million U in three years, find a place to work peacefully; this place is not suitable for you. Tenth, invest half in platform coins for interest, and keep the other half for opportunities without breakthrough signals; don’t touch it at all.
1. Currencies are starting to fight. 2. Various political frictions. 3. Enterprises are struggling to survive. So the question arises, where will the money go?