How do novices make money in the cryptocurrency circle?
1. When you just enter the circle, don't rush to make money, learn quickly. If you don't even know that the exchange will collapse and run away, how to cross-chain assets, and the concept of blockchain, how can you make money?
2. Step on more pits, practice diligently, and ask fewer people. There are 101 opinions among 100 people in the cryptocurrency circle. Speculators think that investors are stupid, and speculators think that investors are termites. A said that this project is a great innovation, B thinks it is just a concept machine, and C said that they are both scammers... Who should I believe? Don't believe anyone. There are scammers everywhere in the cryptocurrency circle, who specialize in standing on the street at various traffic ports to provide newcomers with corresponding stimulating services. And 99% of the people in the cryptocurrency circle are leeks, who should I believe?
3. The circle is very important. In my opinion, 99% of the group chats are about the same level as the old man in the park at the entrance of the village. They focus on chatting and occasionally posting screenshots of profits. This is actually not very meaningful. A high-quality circle can at least let you see the facts of the cryptocurrency circle?
4. Investment is your own business. How do you understand this sentence? That is to say, investment is ultimately up to you. Other people's analysis and thinking are only for reference. You need to do more independent research to form your own investment framework. Only with a framework can you have your own ideas. Don't worry about what others say, the other party may not be as good as you.
5. Which one is better, short-term, hoarding coins, rubbing wool, NFT? The best one is the best for you.
6. How can I find a hundred-fold coin? If you don't even know the basic concepts, don't understand what the currency circle is, and ask everywhere, you will never find a hundred-fold coin with this mentality, and you will be shot. What I want to emphasize is that it is not so easy to make money in the currency circle, and the easy ones can't make money. If someone wants to argue, so-and-so bought a hundred-fold coin, and the contract is so many times, then it is likely to be a liar.
7. Patience is the basis for making money. You may have to study for a long time and be deceived countless times before you know what the currency circle is like. It's okay. Cherish every experience of being deceived. This is a lesson you should learn on the road of investment.
8. Abide by the basic rules of the currency circle. If you lose money, you must admit it, and if you are deceived, you must obey. Experts often don't complain, and the weak like to blame others for cutting leeks to complain about unfair rules. When you are no longer able to make rules, stop talking too much.
9. In the cryptocurrency circle, there are mainly two types of roles: dealers and retail investors. Retail investors often become the dealers' receivers, rather than the predecessors taking over the successors', which is actually a contest between the wise and the foolish.In the cryptocurrency circle, no matter when you enter the market, you will inevitably become a buyer. However, if you choose to hoard coins, there is still a glimmer of hope.
As a project party, in a market where the exchange is highly controlled, the news and K-line charts you can access are all carefully drawn by the dealer and the project party. Under the control of the algorithm, the exchange can even accurately make you lose all your money. Most of the remarks on the Internet advocating the arrival of the bull market and the timing of entry are just smoke bombs released by the dealer to cut leeks. If you believe them, you may fall into the trap.
The bull market mainly follows the hoarding mode. Choose a high-quality coin to hold, and take profit at 3-10 times in the long term, at least 30% in the short term, and at least 100% in the medium term.
