In January 2017, she grabbed a 10 yuan red envelope in a cryptocurrency trading group! She used the red envelope to buy Ripple at 0.02, and sold it at 0.4, and she had 200 yuan! Then she bought NEM at 0.9, and she had 4,000 yuan. Then she bought Litecoin at 27, and sold it at 180, so she had 26,000 yuan. Then she went all in on Dogecoin, and sold it at 0.029, and she had 520,000 yuan, and then she successfully escaped the top. When BitShares fell to 0.25, she went all in on it, and sold it at 3 yuan, and she had 5.2 million. She bought Ethereum at 300 yuan, and sold it at 2,300 yuan, and then her net worth reached 30 million. After that, she went all in on ETC, which was about to fall to 100 yuan, and sold it at 400 yuan, and her small goal of making 100 million yuan was easily achieved! Then she went all in on LUNA again. Back to the starting point, seeing that the story is over here, isn’t it great? Do you think it's easy to earn 100 million?
Each of us wants to make a great deal every time and gain the biggest profit with the least amount of money, but the probability of this happening is almost zero. Seeing that many people like to buy high and sell low, are you crying alone now?
I got it right nine times, but got it wrong the last time, and it was over. For those who are new to buying high and selling low, I want to ask you, if you sell at 250, and the price of the currency rises, and then falls to 251, will you buy it or not? What if you don’t buy it and you can’t buy it anymore? What if you buy it and feel that you have lost money?
In the face of a rapidly changing market, in fact, if you like something, just buy it. Especially when there is a sharp drop, don't hesitate. Don't try the high-selling and low-buying game. Most people don't have that ability. Don't miss the opportunity for a few dollars of profit. In the long run, it won't be a problem.
In addition, when the market plummets, don't hold a large position, just build a partial position, because no one knows if there will be a lower bottom waiting for you to open a position. Someone told me that many opportunities are coming, but I don't have money to open a position. In fact, if you invest 2,000 yuan a month in Bitcoin and other mainstream currencies, you won't make much money in the future.
There are ways to play with a small capital, and that is to use the capital to fight in the market to accumulate some original capital. Since you don't have much money to begin with, if you get trapped, just treat it as a loss, and raise some funds to fight again.
The cryptocurrency world is still greatly affected by news, so you have to work harder, keep an eye on everything, fight guerrilla warfare, break through at a fixed point, and stop when you see a good opportunity. If you don't even have this ability and courage, then it's not bad to honestly buy mainstream currencies to earn some pocket money, which is much better than keeping it in the bank.
