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Brother Sao would like to say: For those who are both novice and playful, leaving the cryptocurrency circle is your only choice!
Don’t come to Brother Sao every day to show your presence. If you can understand, read it. If you don’t understand, you can learn. If you don’t know, you can teach!
Those who are full of shit, losing everything is your result!
You are both novice and playful, and you don’t know yourself, so stop talking here!
Brother Sao’s mid-line reduction conditions
1⃣️, greater than 15%
2⃣️, the time is right
If any of them is met, you must reduce your position!
If you don’t understand, you can learn, if you don’t know, you can teach, but if you can only complain!
Then the cryptocurrency circle is not suitable for you!
LIVE独领风骚必暴富
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[Necessary skills for position management novices to navigate the secondary market]
1. Position management is a very important thing in cryptocurrency investment, especially when the market is not good, position management becomes particularly important?
2. The position is the ratio of the funds actually used to purchase coins to the funds used for investment.
For example, if you have $100,000 for investment, and now use $30,000 of it to buy coins, then the position is 30%.
If the position is large, once the price of the currency rises, excess returns can be obtained; but if the price of the currency drops sharply, the loss will be heavy and miserable. If the position is too small, once the price of the currency rises, you will be very upset that you did not buy a large amount at that time; if the price of the currency drops sharply, you will feel very fortunate. How can we avoid these phenomena?
2. The position is the ratio of the funds actually used to purchase coins to the funds used for investment.
For example, if you have $100,000 for investment, and now use $30,000 of it to buy coins, then the position is 30%.
If the position is large, once the price of the currency rises, excess returns can be obtained; but if the price of the currency drops sharply, the loss will be heavy and miserable. If the position is too small, once the price of the currency rises, you will be very upset that you did not buy a large amount at that time; if the price of the currency drops sharply, you will feel very fortunate. How can we avoid these phenomena?
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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