In the cryptocurrency world, if you want to make 12 million yuan from 10,000 yuan, there is only one way. If you want to be fast, that is rolling position +
Step-by-step investment strategy:
If the total amount of your account funds is 200,000 yuan, and the maximum loss allowed is 20%, that is, 40,000 yuan, then a more risky but reasonable loss plan may be: 10,000 yuan for the first time, 10,000 yuan for the second time, and 20,000 yuan for the third time. Such an allocation can give you at least three opportunities to face the market. As long as you do it right once, you may make a profit or continue to survive in the market.
Grasp the market trend:
Trend trading is often more difficult to grasp than the volatile market because it requires you to have the determination to hold positions. In an upward trend, any sharp pullback is an opportunity to go long. If you miss the opportunity to get on the bus or have already gotten off the bus, wait patiently for the market to pull back by 10% to 20%, and then go long boldly.
Set stop-profit and stop-loss targets:
Stop-profit and stop-loss are the key to profit. To make the total profit greater than the total loss, you can follow the following principles: each stop loss does not exceed 5% of the total funds, each profit exceeds 5% of the total funds, and the total transaction win rate exceeds 50%. As long as these conditions are met, you can achieve profit.
Avoid frequent trading:
Since the cryptocurrency market is traded 24 hours a day, novices may trade frequently. However, frequent trading can easily lead to mistakes, and the mentality will deteriorate after mistakes, which may lead to worse decisions. Therefore, it is important to avoid excessive frequent trading and stay calm and rational.
Notes on rolling strategy:
Be patient:
The profit of rolling is huge, but you also need to wait patiently for opportunities with high certainty.
Look for opportunities with high certainty:
Opportunities with high certainty usually appear in sideways fluctuations after a sharp drop, and then break upward. At this time, the probability of following the trend is very high.
Only go long and not short:
In the rolling strategy, it is recommended to only go long and not short to reduce risks.