How many times have you suffered losses in the currency circle?
Funds of less than 100,000 U are not suitable for buying eth and BTC, because it is really impossible to rely on BTC and eth to turn over. For more than 100,000 U, you can allocate 10% of BTC and eth. As the amount of funds increases, for example, if it reaches 1 million US dollars, you can Allocation to 90%, and tens of millions of dollars can be allocated to 95%. Each funding stage has different ways to play and survive. Don't learn from anyone blindly.
At the stage from $10,000 to $100,000, once the market goes bad or the market goes too good, you will try to short the contract and die on the way. Because they see hope and want to achieve greater success, but don’t want to waste the falling market, they believe that they are trading geniuses, or they believe that the direction of Bitcoin pointed out by a certain big V is the 100% truth to operate the contract, and then everything will happen. Unexpectedly, things didn't go as expected, inserting the pin or pulling the plate in the opposite direction.
When you wake up and your position is close to being liquidated, you still firmly believe that the direction you have identified is right, and continue to add margin. It is not until you transfer all the U in the spot account to the U-based contract account that you find that you have no way out. You need to endure this most difficult period of the market, and absolutely all losses will come back. You are no longer thinking about making money, you just hope that you can get your money back. Looking at the -266% rate of return on the contract, you can't even sleep. You have to check your account every few minutes for fear that you will be liquidated. Nervous, you just want to smoke another cigarette and drink water to calm the anxiety in your heart, and your back is tense. The friction back and forth around 10% of your liquidation price has tortured you for several nights, and you feel that the dawn is coming.
Your eyes are blurry. You just woke up that day. You opened your account and it looked fine. It didn't explode. You got up, peed, and washed your face. You were afraid that your account would really explode. You didn't forget to take another look after washing your face. It was okay. Fortunately, no. The moment you closed the bathroom door, the phone in your pocket vibrated three times. You opened it in a panic. There were three text messages on the screen, two prompting you to add margin, and one prompting you to liquidate your position. Your brain was confused, but you still You couldn't believe it, and you were unwilling to open the app that kept you awake all night. It was gone, and there was no position order in the contract interface. It was white. Not wanting to accept this reality, you slapped your head with your hands, scratched your hair, and switched to Total assets, 0.3u……. You smoked a cigarette and swiped the app again, 0.3u….. You opened Jiebei and then remembered where there was still a credit limit. There was no credit limit for Wangshangdai. You switched to WeChat and looked at Weilidai again. It prompted that there was still a credit limit of 15,000. You were unwilling to give up, so you applied for it, and it prompted that this product could not be used for you temporarily.
When you think about the various loans of 26,000 yuan to be repaid this month and your monthly salary of 7,000 yuan, you lowered your face and asked your good friends and brothers and sisters. You didn’t dare to say that you were speculating in cryptocurrencies, but just told them that you were short of tens of thousands of yuan for renovation and successfully borrowed 30,000 yuan. You thought that you would still be penniless after paying off this money, so you rushed in again. Looking at the 5,000u in the account, it was originally a 10x contract. If you can quickly get back all the lost money, you will directly open a 20x contract. You think it is absolutely the top now and it will not rise anymore. After opening the order, you pretend to be calm and chat in the group.
Suddenly, a tweet pops up, saying that BlackRock has added 20,000 BTC today. You immediately switch to the app and see only a big positive line of nearly 4%. At the same time, your phone vibrates three times in a row. You know, it’s too late, everything is too late, everything is over… Countless debt collection text messages, phone bombardment from various loan platforms, and questions from your parents asking if you owe a lot of money… Regret, self-blame… Like a lazy gambler, you search through all the accounts and addresses you have used to see if there are any missing funds, and search your bank cards to see how much money is left. You start to make up lies to people around you and start to deceive… You are no longer active in the group. You used to be able to say 800 sentences a day, but you never appeared again, let alone comment on the next market. They even thought that you bought a certain coin and stopped speculating in coins. Well, you really don’t speculate in coins anymore… and you don’t have the money to speculate anymore.
A few years later, after a round of bull and bear markets, you finally took a breath outside and your debts were mostly settled, but you were still obsessed with the losses in the cryptocurrency circle, and still believed that this was the only place where you could turn things around. "I must get back what I lost!" You, here you go again...with the lessons learned from past losses, accept the baptism of this market again! Be cautious and careful, and after many hardships, you are back on $100,000!You have turned back into the confident boy who speculates on coins, but you still have a lingering fear and awe of contracts!
If small funds want to survive, first of all, they cannot buy contracts with full positions and leverage, and they should not touch Bitcoin and eth. It is best to operate altcoins based on the periodic peaks and troughs of Bitcoin. If the capital in hand is less than 1,000u, you are not qualified to play with local dogs and Bitcoin eth. You can only trade in exchanges with low handling fees. Moreover, people with this amount of capital have very poor cognitive ability and security awareness. It is best to It is best to trade on the exchange first. If you gain something and get 10,000 US dollars by luck, you can use 5% of the funds to try Tugo on the chain. At this stage, if you make money or lose money, you have to run away immediately to hold on to your precious principal.
#币圈生存 #BTC #ETHFI It takes three years to enter the industry, five years to master it, and ten years to become the king. Trading is not about getting rich in one go, but about making reasonable profits that can be long-term, stable, sustainable, and highly probable, so that you can continuously obtain wealth. Professionalism creates value and details determine success or failure.
I am the God of Wealth, a veteran in the currency industry, and I only tell the truth. If you are interested in the currency circle and want to get started quickly but feel confused, please follow me and contact me through the homepage. I will provide you with real, valuable advice to help you move forward steadily. Let’s explore, grow and create brilliance in the currency circle together!