Greed can make some people successful, but it can also destroy most people!
If you have an initial capital of 100,000 U and set a goal of earning 1% every day before leaving the market, then after 250 trading days a year, your assets will grow to an astonishing 1.3232 million U. In just two years, it will jump to the threshold of 10 million U. The power of compound interest is vividly demonstrated here. Continuous and stable growth is the real shortcut to wealth freedom.
Suppose a token falls from 10U to 5U, and you decide to invest the same amount again. At this time, your average cost is no longer a simple 10+5/2=7.5U, but 6.67U. Take advantage of the opportunity to buy at a low price to reduce the overall cost and lay a solid foundation for future gains. The key to the success of this strategy lies in whether you can overcome your inner fear and hesitation.
Suppose you have a 60% success rate and set a 10% take-profit and stop-loss point each time. After 100 consecutive investments, your final rate of return is expected to reach an astonishing 300%. Through strict risk management and continuous learning and progress, we can gradually improve our winning rate and achieve steady growth of wealth.
But all the beautiful visions above are based on an assumption. Many people are often driven by greed and pursue higher returns and faster returns. But greed is a double-edged sword. It can stimulate our potential and drive us to keep moving forward; it can also make us lose our way and fall into an abyss of no return.
This is especially true in the currency circle. The volatility of the market and the flood of information have given greed more room to grow, so learning to control oneself has become the key to success.
Again, if you don’t know what to do in the bull market, click on my avatar to follow me, and the bull market spot planning will be shared free of charge. I need fans and you need references. It’s better to follow than to guess.
