How should we play in the current market?
In the past, the cryptocurrency world had opportunities several times a year, or even once a month, leading to the saying that one day in the crypto world is like ten years in the human world. However, now the opportunities in the cryptocurrency market are visibly decreasing, with even just one opportunity a year. But currently, the cycle pace is still faster than traditional financial markets. In today's market environment, patience has become incredibly important; reducing trading and waiting for significant opportunities will be the core content of trading in the future. How should we play in a market where the dividends have disappeared?
1. The era where you could make money by simply lying down is over. Now, if you want to make money from the market, the requirements for personal ability have increased significantly. You need to read more, learn more, and gain more experience, while also learning from outstanding people and mimicking how successful individuals operate;
2. For small funds, large coins cannot be touched anymore, and it is almost impossible to risk small amounts for large returns; you can only play with altcoins;
3. You should appropriately increase leverage, maintaining at least 2-3 times leverage in full positions, and at most around 5 times leverage for trading altcoins;
4. You need to maintain greater patience because the cycles have slowed down significantly. Greater patience will allow you to wait for potentially high returns and worthwhile coins to trade, rather than frequently trading a bunch of worthless coins;
5. Most altcoins are also worthless now; the all-around bull market has ended. You need to learn to pick worthwhile coins to trade. The coins worth trading are those that most people are playing on big platforms. You should pick from the rise rankings, hot rankings, and new coin rankings.
The above are my personally immature suggestions. Of course, if you believe that the dividends are still there, feel free not to take a look.
