I have experienced the darkest moment. The grapefruit contract continued to explode, all currencies suffered huge spot losses, and the domestic currency disappeared to zero. I paid hundreds of thousands of dollars in tuition. I seized the opportunity on 3.12 and made a profit of 20 times.
The logic of making money by speculating on currencies is very simple. Everyone knows that bears buy bulls and sell bulls. However, many people just want to buy the bottom and cannot control their own hands. They insist on operating randomly before the market trend comes.
When the bull market is coming, it is really easy to make money. You can make money by buying anything, but this is the money given to you by the trend. If you regard the money you earn as you are awesome, it will be very dangerous. , any sudden loss is caused by overconfidence. If you make money by luck, you will lose everything in the end. Every penny you earn is money within the scope of your knowledge, and you will never earn it. Money that is beyond the scope of cognition. If you make money by luck, you will never get carried away. This society will have a hundred ways to harvest you. Only by constantly practicing your own virtue can you carry greater wealth.
It is difficult for new Leeks to keep the money they made when they first entered the currency circle. Most of them lost their capital and profits. Only if you have stepped on pitfalls and suffered losses, experienced enough trials and errors and reflections with losses, improved your awareness and learned the knowledge to grow yourself, will you have the ability to continue to make profits in this market.
When doing transactions, even if everyone buys the same currency, the profit gap is very large. The price of buying the bottom depends on your timing of the trend and the entire macro economy. If you don’t understand this project, even if You won’t be able to win a hundred times or a thousand times. For every currency you buy, you need to understand the potential of the track, the resume of the team members, the amount of issuance, the release mechanism, the project’s empowerment of tokens, whether the profit model is sustainable, and the market value ceiling of the industry. How much is used to calculate the future increase? Only by fully understanding the project can you grasp it. There are also buying plans and selling plans. Knowledge determines your profitability.
