I have been speculating in cryptocurrencies for 5 years and entered the market with 100,000 yuan. Now I make a living by speculating in cryptocurrencies. The following is my hard-earned experience:

First: Don’t worry about the length of time you hold, but pay attention to whether the market has reached its peak.

Second: When the price of a currency rises, if you are obsessed with pursuing higher profits and are reluctant to sell your coins at a high price, the result of greed is often "missing opportunities."

Third: Stop when you are ahead and keep the results. It takes wit and patience.

Fourth: Sell when everyone on the street is talking about "blockchain".

Fifth: Any greedy investor will regret not buying at a low price or buying too little when seeing a sharp rise. The main speculators are taking advantage of the psychological itch of retail investors to increase shipments.