"Three warnings for newcomers entering and exiting the cryptocurrency market"

The cryptocurrency market is not a charity. When they see others making money, they rush in aggressively. As a result, after a few operations, they are as fierce as a tiger. At first glance, the funds have been reduced a lot.

The cryptocurrency market is not a vegetable market. You cannot bargain with the price you see. It will not change as your wishes change. There is no sophistication here. No matter how you plead for mercy in every possible way, no matter how eloquent you are, the price will not change. Your thoughts have changed even a little bit!

Maybe in reality you have a good tongue and can change other people's opinions of you, and you can even use your eloquence to get low-cost materials at the farmer's market, but it all fails here.

Maybe you have a prosperous appearance and look very good to others. With your clever words, others may give you a small profit and make your business prosperous! But the trading market is not a society. You can't get any benefits here.

Maybe you have a background as a second-generation official or a second-generation rich person. When doing business, others will give you face, think you have a sense of security, and are willing to invest with you. However, the cryptocurrency market is ineffective here. There is only naked harvest and retail investors. The game with the crops is either you die or I live, either you lose money or he cuts the meat. It is a silent battlefield that relies on your skills and your gaming ability. No outside force can help you.

There will always be a minority of people who make money from the trading market, and there will always be a majority of people who lose money. Maybe you can be admitted to a prestigious university, but you may not be a qualified trader, because the answers to the book exam are fixed, and the answers to the trading market are There is no telling whether the market will rise or fall.

Buffett once said: Clear positions in time when everyone is rejoicing, and enter the market in time when everyone is panic. The market is risky and volatile. Respecting the market is the responsibility of every trader.