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Xiao Yang Talks about Currency (Old Article Revisited)

There are many things to do in life, many meaningful things, but not including speculation.
There are risks in currency speculation. One person makes money and thousands of people cry, and it is difficult for you to be the luckiest one.
Then why are there still so many people rushing forward regardless of the danger and rushing into the currency market? Because many people are dazzled by the myth of "getting rich overnight" in the currency circle, and also breed unrealistic fantasies about getting rich overnight.
Solemnly tell everyone, there has never been such a thing as getting rich overnight.
Cryptocurrency speculation will not make you rich overnight.
The mental journey of many speculators is like this: At the beginning, I am full of ambition (I must make a lot of money) - small loss (if I invest some more capital, I will definitely make it back) - large loss (bank loan, platform loan) Desperate, I don't want to make money, just return the capital) - loss to liquidation bankruptcy, doomed (at the beginning, how good it would have been if I hadn't stepped into the currency market).
What a profound understanding, what a painful understanding: How good it would have been if I hadn't stepped into the currency market at the beginning!
Staring at the market all day is exhausted physically and mentally, and some people have their bodies broken down;
There are those who are insolvent and borrowings that are not beyond redemption;
There are also those whose wives and children are in pain and want to end their own lives.

As a person who has experienced ups and downs in the currency world for more than ten years, I would like to advise everyone: speculating in coins is risky. If your economic conditions permit, it is not recommended that you speculate in coins.
 
Money in the currency market is not easy to make:
New currency issuer dealers (earn about 60% of the top)-platforms, original stock private equity tycoons, celebrity platformers (earn about 30%), and the remaining 10% of profits will go to retail investors "leeks" to break their heads Bloody scramble.
At present, all the virtual currencies except Bitcoin and even Ethereum have no actual value. They are all a lie, a publicity gimmick, a concept used for hype, and they are all colorful "balloons" advocated by the issuer's banker platform. Why? It is colorful, because the publicity is very beautiful, and I want to make you believe that you can really get rich overnight. The reason why it is called "balloon" is because a lie is like a balloon that is constantly inflated, and it will always be punctured one day. Therefore, 99% of virtual currencies are short-lived and quickly disappear in the vast river of the currency market.
 
The rise and fall of Coin King is the ebb and flow of the issuer’s market maker platform harvesting retail investors’ leeks, commonly known as “sweeping wool”.
Just hold coins
Just mix in the currency circle
will eventually be harvested
This is the ultimate fate of a leek
Regardless of new leeks and old leeks
Essentially leeks
Coin king rises, ten thousand coins rise together
The currency market is booming
Any dogecoin, shitcoin, aircoin can come to join in the fun
No matter what currency you buy, it seems that you can make money
I feel like I'm pretty cool too
So continue to increase the stakes
more than this
Borrowing against pressure and leverage
Only for a better future
This process is for growing leeks
The king of coins fell, followed by ten thousand coins
without any reason
don't need any reason
behind
As if controlled by an invisible hand
can't escape can't escape
Leeks are fattened
Capitalists will always come to harvest
This is an irrefutable truth
you fantasize about earning eight cents
What the capitalists look at is your principal
"Colorful" balloons will blow one day
In the end it was just a
flower in moon mirror in water
 
Of course, there is always a group of "restless" people who are a little bit less "believers".
If you happen to have some spare money and some free time, want to hone your mood, and want to add an option to improve your life, you can also choose to try to speculate in coins, but it is not necessary.
As a rookie leek who is new to the currency circle (please forgive me for calling it that), if you don’t know what currency to buy, if you don’t know when to get on and when to get off, please pay attention to: [Xiao Yang Recommended Coin], In currency speculation, to some extent, choice is more important than hard work.
I, Xiao Yang, an old leek who has been in the ups and downs of the currency market for more than ten years, has experienced the entire process of Bitcoin from around 2,000 to 450,000 yuan/coin and now to 300,000 yuan/coin. In the glory days, he also earned hundreds of thousands of dollars a day. In the dark, he was brutally cut in the middle of the night, and the bitterness during the period was not humane, but fortunately, he did not fall down in the end. To be honest, he did not make a lot of money.
After years of hard work, I have gradually summed up my own relatively safe experience in currency speculation, and I hope it will be useful to everyone.
1. If economic conditions permit, it is not recommended to speculate in coins.
Currency speculation will consume a lot of financial resources and energy. Even staring at the disk without sleep for a long time is very detrimental to one's little heart and health. Those with high blood pressure should enter with caution, and those who cannot bear the temporary ups and downs of the currency market should enter with caution.
2. Be sure to use your own spare money.
Never borrow money and loans to speculate in coins. If you borrow money and loans to speculate in coins, if you lose a lot of money, you will be lost forever. Be mentally prepared for the worst before speculating in coins. Even if all the money used to speculate in coins is lost, it will not have much impact on your life. Always maintain a normal heart, and always be able to stay calm.
3. Control the scale of funds
For a novice, the size of the capital should be controlled at around 20,000. The money earned must be exported as soon as possible. Do not stud all the time. It is not easy to make money, if a stud is not good, he will return to before liberation overnight.
4. Cash is king
At any time, it is always a wise choice to have sufficient cash flow, especially when the currency king is going down, the risk increases, and it falls at any time. Everything changes.
5. It's safe to put the bag in the bag, just accept it when you see it
For each transaction, as long as you earn it, you can get off at any time. It is not necessarily necessary to earn 10 points or 20 points for each transaction. Remember, what you put in your pocket is your own, and it is considered earned. is false. It is best to set a 10% take-profit line, and sometimes even if there is a little profit, it is necessary to stop the profit in time.
6. Never be full
Never have a full position, keep a half-position bullet at any time, and when there is a big drop, you can buy the bottom at any time, and you will not be trapped by the full position and be helpless, you can only watch the fall with nothing to do. If you have the opportunity to buy the bottom, don't copy it all at once, but copy it in sections and allocate the funds well.
7. Make a quick decision
Only when there is a big drop will there be a big rise, and only a big drop will have a good chance to get in the car. When it falls sharply, sell it immediately. If you don’t sell it in time, you have to be patient and wait for the rebound. Generally speaking, the sharp drop will rebound quickly. A sharp drop does not kill the drop, and if you want to cut the meat, you have to wait for the rebound, otherwise you will basically be cut on the floor. After the rebound, you watch the rise and dare not chase it. You want to die.
8. Five not to chase
Do not pursue coins with too high price and limited room for growth
Don't chase the immeasurable and rapidly rising coins
Do not chase long-term sideways coins
Don’t chase the coins that go up against the trend when the coin king goes down
Do not chase when the price of the new currency is not stable at the beginning
9. Can endure loneliness
Not every time you buy currency, you will get a quick profit. If you buy at a high level, you must cut it, and you must cut it quickly;
10. Only speculate on the hottest coins.
From the high point of 455400 on November 10 last year, Coin King continued to decline to 217431 on January 24, 2022, and recently began to rebound steadily to about 2.900 billion today. The general trend is gradually improving. The current market is suitable for speculation. Active coins, those with large trading volume, those with high topicality, and those with more attention.
11. Short band speculation
All the coins in the currency market are basically short-lived. If you seize the wave, you can make a wave. Don’t think about long-term speculation. You have seen too many new coins cut in half at midnight, so try not to hold the currency overnight.
12. Never leverage and contracts
This is the most important point, if you don't want to be forced to liquidate your position, if you don't want to die too quickly, never use leverage and contracts.
 
The currency circle has never been anyone's cash machine
Money in the currency circle is not easy to earn
Stability is the first priority in currency speculation
first consider no loss
Think about making money again
Earn money only when it is safe
The others are called Huang Liang Yimeng
 
My recommended currency unit is CNY, not USDT
What I predict is the trend of a certain currency in the future
It is recommended to get on and off the bus
Not exactly a few dollars and a few cents
same coin
Different prices at different times at different stages
The trend is likely to be completely different
I mainly recommend when to get on and when to get off
recommended from me
Send me a screenshot
price will fluctuate
I think as long as you get in the car, you earn
As for earning 5 points, 10 points, or even more
are all 0K
 
Don't think about getting rich overnight
The currency circle has never been rich overnight
Follow Xiao Yang
Wealth grows a little bit every day
pocket what you earn
Safety is always the most important thing
OK or not?
Time will give the best proof
 
Please pay attention to【Xiao Yang Recommended Coin】
New year, new festival and new atmosphere, I wish everyone can make money in the new year.
February 8, 2022