Making money in the cryptocurrency world is not easy, but some people do manage to make a profit in this high-risk, high-reward market. To make money in the cryptocurrency world, here are some basic strategies:
1. Don’t chase rising prices and sell falling prices: Stay calm when the market fluctuates, and don’t make impulsive buying and selling decisions due to short-term price fluctuations.
2. Don’t touch the contract: Leveraged contract trading is extremely risky and may lead to rapid losses. It is recommended that novices avoid using it.
3. Don’t do small-scale trading: avoid frequent trading and focus on long-term value investment.
4. Pay attention to strong IP meme coins: For example, #starlink, which combines popular elements such as Musk’s space program and Taylor Swift’s cat, may attract a lot of attention and investment.