Many people think that the key to making money by speculating in cryptocurrencies is these two: whether you have chosen a 100x coin and whether you can enter the market at a perfect price. But the truth is not that simple.
When I entered the market at the end of 2016, the price of the big cake was $1,000 and the price of the aunt was $12. It was undoubtedly a hundred times the price. The entry price was also perfect enough, but in the end, how many people who entered the market at the same time as me could make money in this market? Most of them still lost money. A hundred times the price is worth holding on to.
If you can’t hold it, all you can do is tell others about the story of the concubine/accident you once bought for $12!
What I have always advocated is that you can play with copycats, but you have to control your positions, and the main positions should still be based on big cakes. However, the general reaction of retail investors is that they all know that playing with the mainstream is stable, but they have to wait until they start from copycats and have a foundation before seeking stability. This idea is very full, but the reality is very skeletal. Free qun; wei; LLS688677
Do you know what it means to be someone who makes 150 times the money by buying Dogecoin?
First, if you dare to go all-in on a single altcoin, how much courage and gambling spirit do you have?
Second, you actually chose a 100x coin among thousands of junk coins. How sharp is your vision?
Third, Dogecoin has experienced numerous sharp pullbacks. How brave you are to hold on to it without selling it?
Fourth, you must be able to accurately buy at a relatively low point and sell at a high point. How amazing is your technique?
For this kind of story to happen, the requirements for ability, luck, mentality and technology are all top-notch. It is obviously the most difficult one among all the playing methods. The safer way is to compile the track index by yourself in the bull market. If you want to buy, buy all the top high-quality assets in a certain track. If the east is not bright, the west will be bright. Taking advantage of the trend dividend of a track in the bull market is the way for ordinary people to get rich quickly!
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