Nine secrets to survive in the cryptocurrency circle, understand them and you will avoid pitfalls!
1. Don't give away cheap chips to others easily, keep your faith, and don't let those cunning dealers play tricks of knocking and smashing the market to deceive you.
2. Don't chase when you see a rise, and run away when you see a fall, and enter and exit with full warehouses, this is a big pit! Follow the general trend, buy slowly when it falls, it is much safer than chasing high, the cost is lower, and you can earn more.
3. You have to know how to share the money you make, don't invest all at once, you have to let the money make money and maximize its use.
4. When the market rises sharply, remember to sell at a point and take the money in; when it falls sharply, stay calm and don't panic, keep your coins. Keep a steady mentality, don't take shortcuts, don't be swayed by greed and fear, and fight a prepared battle.
5. Buying low-priced coins depends on experience and vision to bet on the future; but when playing in the secondary market, you have to rely on technology and news to follow the dealer. Don't get it wrong, or you'll get nothing in the end.
6. Buying and selling should be strategic, and positions should be built and shipped in layers and segments, with prices gradually pulled apart, so that risks can be controlled and profits can be maximized.
7. The currency market has a linkage effect. When looking at the market of a currency, you must also pay attention to the movements of other currencies. They seem independent, but they are actually closely related. Knowing this and making good use of consulting tools can help you make better judgments.
8. The allocation of positions should be reasonable, and both popular coins and value coins must be included, but don't be too extreme. Being too conservative will miss opportunities, and being too aggressive may lead to setbacks. Value coins are stable, and popular coins are volatile, with risks and opportunities coexisting.
9. The most important thing is to invest with spare money! You have coins in your hands, money in your account, and surplus food in your pocket, so that you can feel at ease. Don't go all in, risk control and capital allocation are the keys to your success.
For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
