Mr. Xu bought some Bitcoin with 5,000 yuan, and within two or three months, his account had become 100,000 yuan. However, Mr. Xu knew how to quit while he was ahead. He felt that Bitcoin had risen enough, and the 20-fold return was enough, so he stopped investing in Bitcoin!
In 2021, a college student spent $300 on Shib. Two months later, it was worth $3 million. He cashed out the same day and bought an apartment. He said, 'I thought it was a joke, but the joke was on me.'
As long as it is not a junk coin, you will definitely make money if you enter the bear market and exit the bull market and hold it for the long term. If you dare to brag about it, you can only deceive the newbies who know nothing.
Surging community chat enthusiasm often signals time to take profits. Widespread retail participation suggests remaining buying power is depleted, and reversals draw near.
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Others' consensus is theirs; your own logic is your moat.
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In crypto, as long as you are still alive and solvent, you still have a chance to recover. Sometimes staying calm after a fall teaches more than panicking.
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Do not blindly trust institutional research reports. Publications often serve proprietary positions. Text can be spun, yet real on-chain capital flows resist easy manipulation.
Only by staying away from crowds can your own value become increasingly expensive. When you are among crowds, there are too many people; scarcity creates value, and everyone becomes cheap.
This circle gives you such a good volatility, it is the most friendly market for you, because you don t have a lot of money! The trend of the currency circle is full of uncertainty and challenges, but small money also contains potential opportunities. Don t look down on small money.
Old Li used pocket money from his wife to trade crypto and made $100,000. He didn't dare tell her. One day she asked, 'Why haven't you been buying cigarettes lately?' He said, 'Health is important.' The money was all on Binance.
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Lending money can sometimes give others the opportunity to behave badly.
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Trading frequency inversely correlates with returns, and positively correlates with fees.
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Once you lose money, it is difficult to get your money back. The principal is small and it is even more tense. I said before that it is easy to make 100 with 1000, and it only takes 10%, but you only have 100 left. To make 1000, you have to make 1000%. The less the principal, the more difficult it is to survive in this market, of course! Except for the spot market, as long as it is not delisted or the air of zero is returned, the founding team has been working hard, and the probability of rising back is not small. If you are lucky, you can even create a unicorn.
It is inevitable to experience anxiety when investing, but if you invest in virtual currency, then this anxiety will be infinitely magnified. After all, the speed of the cryptocurrency circle is faster than any other investment circle.
A friend invited him to a crypto-chat-group filled mostly with fake-accounts. He was persuaded to buy a small-cap meme-coin. The project collapsed shortly after purchase.
Working day and night and still not making money can feel deeply exhausting.
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