4 unknown trading facts in the cryptocurrency circle

1. If you buy 10,000 U of a certain coin when it is 10U, and then buy another 10,000 U when it falls to 5U, the cost at this time is 6.67U, not the imagined 7.5U.

2. If you have 100,000, and leave the market when you make 1% every day, based on 250 trading days per year, your assets will reach 1.3232 million in a year, and you will make 10 million in two years.

3. If the probability of investment success is 60%, and you invest 100 times in a row, and set the stop profit judgment and stop loss to 10%, then the final rate of return is 300%

4. If you enter the market with 10,000 U, and make a profit of 10% each time, you can reach 1 million U on the 49th day, 10 million U on the 73rd day, and more than 100 million U on the 97th day.

If the above is to be achieved in practice, no one among 10,000 people can do it. The fundamental reason is that they can't control their greed. I won't talk about spot goods.

Let's talk about contracts today: For contract trading, you must have your own position management and capital management, and then open a position based on your own tolerance. So, what is position management and what is capital management? If you have 10,000 U of funds, many novice players or some old leeks use 20%-30% of the principal as the basic position. At that time, whether it is profit or loss, it will have a great impact on your mentality, thus affecting the final outcome.

My personal opening habit is to use 2%-5% of the principal as the basic position, with a leverage of 20 times. Those who use 100 times or even 125 times leverage at any time are tantamount to seeking death. #BTC