First of all, it is necessary to point out several common mistakes that most friends like to make.
1. Lack of sufficient understanding of the risks of altcoins. In addition to BTC and ETH, all coins have different degrees of risks. Don't just see the benefits and ignore the risks.
2. Lack of reasonable position management and trading discipline, like to hold a large position in altcoins, and turn speculation into gambling.
Next, I will talk about "profitability" and "security".
How to choose coins to maximize profits?
1. Give priority to new coins with sustained popularity.
2. Pay attention to the leaders of core sectors.
3. The circulating market value is low and there are few locked-in shares.
4. The team has a good background and top VCs participate in the investment.
How to minimize the risk?
1. Consider entering the market only when the currency market has an overall upward trend or is about to enter an upward trend.
2. Strictly control your positions, invest in multiple currencies, and do not hold a large position in any one altcoin.
3. Allocate large positions in Ethereum and Bitcoin at the same time, and use valuable assets to ensure overall returns.
4. Be patient and wait for the market bottom. For example, we will have a four-year opportunity to copy the cycle bottom, and then hold on firmly until the big bull market in 2025, and realize a surge in assets by more than ten times, or even dozens of times. #山寨币 #BTC
