One minute to teach you how to allocate positions according to your own funds
If you have 100,000 yuan of capital on hand, then pick three currencies that you think have potential and hold them with concentration. Don't be greedy and don't look around, so that you can watch the market with peace of mind and avoid being in a hurry.
When the capital reaches 200,000 yuan, you can consider adding three currencies, but you must also be careful and don't blindly follow the trend.
If the capital reaches 500,000 yuan, you can consider adding three more, but remember, the more the better, it depends on whether you can manage it.
For 1 million yuan, ten currencies are about the same. Don't be greedy, greed can easily lead to big losses.
Of course, if you really become a multi-millionaire with 10 million yuan in hand, then ten currencies are enough. But at this time, you have to be more cautious, after all, this money is not blown by the wind.
And when you reach the level of billionaires, holding 100 million or even more, it is not impossible to choose more than a dozen currencies. But at this time, you have to pay more attention to asset allocation and risk control, and don't let the fluctuations of a few currencies affect the overall situation.
Many novices don't understand this principle. They don't have much money, but they buy dozens or hundreds of currencies. As a result, they can't even keep an eye on the market, and they are sure to lose money. In fact, it is very simple to make money by speculating in cryptocurrencies. Find a currency with potential, buy it at a low price, and then hold it patiently until it reaches a high price before selling it. Don't be greedy or panic, so that you can make money steadily.
As an investor who has been working in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency circle, but don't know how to start, you might as well follow my homepage and discuss the mysteries and future possibilities of the cryptocurrency circle with me. Click on the avatar introduction to find me.