If you plan to stay in the cryptocurrency circle for three years or even longer, and make cryptocurrency trading a side job, then you must remember the following ten iron rules. They are all practical experiences. It is recommended to keep them in mind!

1. If you have 1 million yuan on hand, you double your money to 2 million yuan, but if you lose half of it, you will immediately return to the original shape. Obviously, losing money is much easier than making money.

2. It is still the same 1 million yuan. On the first day, it rises by 10% and becomes 1.1 million yuan. On the second day, it falls by 10% and then rises by 10%, and the result is still 990,000 yuan.

3. If you make 40% in the first year and lose 20% in the second year, you will only make 58.3% in the end after six years of ups and downs. It is better to deposit it in a bank for a fixed period.

4. Imagine that if you make 1% every day for 250 consecutive days, 1 million yuan can become more than 12 million yuan, and 145 million yuan after 500 days.

5. If you can double your money every year for five consecutive years, then 1 million will become 243 million, but it is not easy to encounter such a good thing.

6. If you want your assets to increase tenfold in ten years, a hundredfold in twenty years, and a thousandfold in thirty years, the annualized rate of return must reach 25.89%.

7. For example, if you buy a certain currency worth 10,000 yuan with 10 yuan, and you buy another 10,000 yuan when it drops to 5 yuan, your average cost will become 6.67 yuan, not 7.5 yuan as you think.

8. If you make 10% by investing in a certain currency, and keep 100,000 yuan of market value when you sell it, your cost will become zero, and you can hold it as long as you want. If you are particularly optimistic about this currency and keep 200,000 yuan of market value, the profit seems to have doubled, but if it falls by half later, you will still lose money.

9. When the market plummets, if your currency does not fall much, it means that the dealer is protecting the market. This kind of currency is worth holding for a long time and it will definitely be profitable.

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Recently, I am planning to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. If you want to keep up, pay attention and share for free.