where do cryptocurrencies get their value- Top Knowledge

Tonight, I also want to say two words to two types of investors (steady and radical):Finally, I make some model deduction for the future market trend. I maintain my previous view that the market needs quantity to be released before it can choose its direction. Although the volume can be released today, it is mainly the result of the main selling, not the buying volume. If the volume can surpass today in the later period and the market index closes higher than today's highest point (3494.87 points), this may become a new starting point.So, let's stop here today. I hope today's sharing can provide you with some valuable thoughts and inspire you. I wish you all a happy tomorrow.

If you are an "aggressive investor", you can consider intervening on dips, but at the same time, you should control greed and optimize your position; I have always stressed that it is not suitable for Man Cang to operate under any circumstances, especially in a volatile market. Just keep a position of about 50%.Looking back at today's market performance, why are some people still unable to lighten their positions in time? Why are there differences between the trading plan and the actual behavior? From a professional point of view, this involves a concept, that is, "psychological account", also known as "expected income".The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.

If you are a "steady investor", it is suggested that you don't rush to act first, and then make moves after seeing the situation clearly to ensure the margin of safety.For me, this wave is done again. Tomorrow, a new journey will be started.Judging from the K-line chart, a new Yinxian line is actually a false Yinxian line. As I said yesterday, there is a great possibility of opening higher today, but opening higher does not mean that we can catch up. The trend of K-line on October 8 is still vivid, and investors should keep it in mind. There may not be many people chasing up today, but after a baptism of rising and falling, the process is still uncomfortable.