In the current investment field, the cryptocurrency circle often becomes a hot topic. Some people assert that "the emergence of a copycat will not last more than three days." Judging from the recent market performance, the volatility of the cryptocurrency circle is indeed extremely violent.
The market during the day is like a wild horse that has broken free from its reins, jumping up and down, with no clue at all; however, at night, there may be a steady upward trend. Although the increase is limited, it often ends with a positive line at the close.
This makes investors who hold copycat coins full of anxiety and fear, which is undoubtedly a typical trading phobia. They are eager for the arrival of the market, but they are also worried that this is just a fleeting illusion.
Many people think that cryptocurrency speculation is an absolutely fair arena, but they don't know that it is this so-called "fairness" that makes the cryptocurrency circle full of blood and cruelty. In this field, if you make the right judgment, the market will give you a generous reward; but once you make a wrong judgment, the market will give you a severe lesson without mercy, and the process is direct and rapid.
In the cryptocurrency circle, you must not be willful and hypocritical, and you must not get angry easily. On the contrary, we should try to calm down and reflect deeply on our own shortcomings. We must know that the funds in our hands are limited, and the seemingly unlimited buying opportunities are actually full of traps.
We cannot just focus on the price of a certain coin, but should focus on grasping the timing. Even if we only buy at the moment before the market starts, even if it is only two or three points more, the impact may not be huge.