It is difficult to make big money by studying the fundamentals in the crypto world.

I see a lot of people, when they mention a coin, they first talk about its background, technology, the resume of the founding team, the problems it solves, and who it collaborates with, etc.
Then you look at the fundamentals and feel very good about it. When you ask others, they all say it's very good. So you buy in, but you lose money.
Fundamental research is an extremely profound topic. It takes a lot of effort to make money from researching this aspect, which is not impossible, but very difficult.
The fundamental analysis report written by the seller's market is generally optimistic. The information you obtain is definitely biased.
Fundamental research must include the dimension of time to gradually reveal its profit-making effect.
Short-term profit-making actions are based on long-term fundamental profit-making models, which is the biggest contradiction.
If you study the fundamentals, and make money in the short term, I can say for sure that it's not the fundamentals that brought it, it's the short-term market sentiment.
For ordinary people, the core of value investment that is really worth studying is the dimension of time and their own ability to make money, rather than the fundamentals of the company.
The stronger the ability to earn money outside the market, the lower the weight of the valuation of investment objects. It doesn't matter if you buy something expensive, you can afford it.
If you take the wrong path, it will be very difficult to make money.
Because the market can be extremely irrational, sometimes high prices are scary, and sometimes low prices are scary.
If you have money, you can get through this irrational moment. Most of the losses are due to irrational market conditions over a period of time.
In general project industries, the fundamentals are difficult to fully understand. It's just following the crowd if you claim to have a grasp of the future development of an industry based on a little information without immersing yourself in it for 3-5 years. Mastering an industry is like earning a bachelor's degree.
And investing in a good company's fundamentals is basically not necessary.
Countless smart people have already done research for you and they have directly voted with money. What you really need to consider is time and earning ability.
You don't need to study Apple. Study Tencent. It's too time-consuming to fully understand their industry. Knowing that they do make a lot of money is enough.
Making money cannot deceive oneself, but must truly understand. Many people just listen to others' praise.
If someone says this is good, he will buy it, if someone says that is not good, he will not buy it.
This will definitely lose money.
The fundamental analysis of the crypto world is even more nonsense. Does BTC need fundamental analysis?
If you want to thoroughly understand the fundamentals, it will take you a few more years to broaden your knowledge. I'm talking about truly understanding, not what others say.
Anyway, as far as I'm concerned, I thoroughly understand that BTC can serve as a value store, is easy to carry, and cannot be deprived of excessive profits.
As for other cryptoeconomics and topology, forget it. I'd rather read novels and entertain myself. I'm just not capable enough.
As for the principle of why it cannot be deprived of windfall profits, I don't know. But with so many people voting for a long time, the conclusion of intelligent people is my conclusion. Making money is relying on the efforts of others. I am aware of my own abilities, so why bother studying these things.
I study how to earn more off the field, buy more, I think it is more suitable for most people, I do it myself.
You keep studying the information given to you, keep studying the fundamentals of other altcoins, and that's even more of a wrong path.
The basic logic of making real money in the crypto world has not even been understood.
I am writing this today to introduce you to the way to make money in the crypto world. This is my selfless dedication.
To make money in the crypto world, you need to study human nature and emotions.
Human nature is about studying your own mentality of gains and losses in currency fluctuations, whether you can restrain greed and non-greed, fear and non-fear. You must be able to restrain all four of these.
You can take a good look at it. And other people's human nature, human nature is the biggest fundamental you must study to make money in the crypto world.
Emotions are the emotions of the market, whether they are rational or irrational. Why emotions exist, how long they can last, and what stage we are in now.
Emotions are brought by money, everything can be faked, the fund data brought by emotions will not be fake, such as the rise in loan Intrerest Rate, the price of u has inverted, and so on.
Whether the price is high or low, you must be clear. Only then can you buy low and sell high.
These are all microcosms of market sentiment, and there are many more, you have to research them yourself.
Anyway, if you can focus on these two directions, there will be basically results.
Do not research the fundamentals of the coin, don't bother, you won't make money. Even if you do make money, reflect when you sleep, whether it is brought by the market outbreak, luck, or market sentiment.
Before you buy memes, study the fundamentals first, who invented it, who narrated it, what good news there is, it's a waste of effort. When it rises, all you see is good news, deceiving you to dumb buying; when it falls, it's all bad news, deceiving you to Cut Loss. That's a waste of effort.
Price triggers news, not news triggers price. Price doesn't rise, isn't it pointless to send news? No one will send news. Every piece of good news is a resource. Do not confuse cause and effect logic. If you get it wrong, you are the one being harvested.
If you make a mistake, you may not necessarily lose money in the short term and may even make a lot of money, but you will definitely lose in the long run.
If you do it right, you may not make money in the short term, but you will definitely make money in the long term.