Investment advice for novice friends

in blockchain •  5 years ago 

Long line,The power of the cycle

The long-term strategy is to take time for profit, and wait patiently if the bull market is not there. The phrase " save configuration, don't move" of the old cat is the correct posture of most retail investors in the bear market.

The characteristics of retail investors are that they do not have real-hand information, weak investment knowledge, lack of ability to respond to short-term market trends, and do not understand market language. For retail investors, the long-term may be the best choice for no wins.

Coin selection
The currency that is worthy of long-term holding must be laid out in the mainstream currency with high consensus. The mainstream configuration suggestion is 70% mainstream currency and 30% potential currency. Bitcoin is best half of the 70% mainstream currency.

This is not a standard answer and is for reference only.

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