Recently, the market has been hot, and many friends who have not been in touch for a long time have come to ask me how to speculate coins, just like in March and April 2021. As an old bird who has experienced 3 rounds of bulls and bears, I have only one piece of advice for them: there is a high probability that you will lose money when entering the bull market, and it is not so easy to make money in the currency circle.

I would like to give another piece of advice to everyone who is currently in the circle: no matter how good you are, don't think about bringing others to make money. Regardless of whether this person is a good friend, a good brother or even a relative, it is 100 times more difficult to bring someone to make money than to make money yourself.
Let's talk about my personal experience over the years:
1. At the bottom of the bear market in early 2019, I developed a very awesome quantitative strategy (I also relied on this strategy to make the first big money in the cryptocurrency circle). At that time, I didn't have a lot of money, and a good friend of mine was very interested in this strategy and wanted to invest some money. This strategy is BTC-based, so you have to buy BTC when you enter the market, and the price is about 4,000 at that time. He invested 10 BTC, but at that time, it was a volatile market and ran for a month, and the strategy had no gains, and BTC fell to 3500, so he couldn't sit still and chose to clear his position. Later, in the small bull market that opened in mid-2019, the strategy took off directly.
Later, when he wanted to enter the market again, he asked me if I could buy it when SHIB exploded in the 21 bull market, but fortunately I persuaded him, and then 519 happened.
2. My wife, a classmate, asked me if I could buy coins when BTC was 8000 in 2020, and I said that of course I could buy it, but I had to take it for a long time. He said he was going to keep it for a long time, so he bought a few. But it didn't take long for BTC to rise to 10,000 and it couldn't be thrown away, and one coin earned 2,000U Meizizi, and it never entered the market again.
3. I used to have a good relationship with the old leader, the vice president of our bank's head office, and the domestic financial market is also a bigwig-level figure. In November 21, before the bull market peaked, he asked me out for coffee and asked me if I could buy coins, and I advised him to wait and see, or he could choose to invest in the next cycle, and then it didn't take long for him to reach the 69,000 top.
In this round, I was asked if I could buy it before the ETF passed in early January, and then the ETF pulled back sharply after it passed. No matter how powerful you are in other markets, even if you are a powerful person in the traditional financial market, you may be the opposite when you come to the currency circle.
4. A friend of another bank is also an old bird in the gold market. Since the beginning of the 21st year, I have been asking me about various ways to play in the currency circle, from arbitrage to eating capital fees, exchange innovation, on-chain DEFI, etc., and I knew everything at the beginning. But when he asked me again a few months later, I found that none of what I had told him before had been put into practice. I patiently told him, or you should concentrate on regular investment and insist on getting the next round of bull market. Recently, the bull market came to me again, saying that he had recently sold his house to see if there were any investment opportunities in the currency circle. I know he must not have made a regular investment in the past few years.
For most inexperienced friends to ask me, I recommend them to invest in BTC, which is indeed the easiest and most likely way to make money in the cryptocurrency circle, all that is needed is persistence and patience. But it's the easiest way to do it, and more than 95% of people can't do it.
The only thing I didn't expect over the years was that one of my wife's best friends was also the leader of our community. At the height of the bear market in November 2022, the price was only 18,000. It just so happened that everyone had a meal together and talked about the currency circle, for a girl with no investment experience, I didn't dare to give any advice. I'll just send you a book to read (Nine Gods' "Hoarding Bitcoin"). You read the book several times and start buying coins if it resonates. The way to buy coins is to choose regular investment, and until you get the next round of bull market. I didn't think she could hold on at the time, but I didn't expect my wife to say that she had been making regular investments, and the cost might be less than 30,000 and she had been holding it, which was very unexpected to me.
In fact, what the currency circle is playing is not investment, but human nature. With this article, I would like to give a little advice to friends in and outside the currency circle
is still the same sentence, the investment in the currency circle does not rely on chasing high and falling, but on the news side and the feeling of market sentiment, and even more can get the first-hand news side of the project. So the good news that others have been in ambush for a long time, you always wait for the plate to move before you can see it. How to eat meat?
Pay attention to the rookie dog, nod like the spot password of the daily contract, and share the layout of the bull market 100 times coins for free.