#Layer1公链普涨
In the cryptocurrency circle, some unpopular but key knowledge and skills are often overlooked, but they are really important. Let's talk about some of my investment tips:
Cost dilution is not that simple
For example, you bought 10,000 yuan when the price of the currency was 10 yuan, and it fell to 5 yuan, and you bought another 10,000 yuan. At this time, your average cost is not 7.5 yuan, but 6.67 yuan.
Knowing this algorithm will be very helpful for you to manage your positions in the ups and downs of the market.
Compound interest, that effect, wow
Imagine starting with 100,000 yuan, earning 1% every day, and after 250 days, your money will become more than 1.32 million.
Persist for another two years, maybe it will exceed 10 million.
Of course, the difficulty lies in how to earn this 1% steadily every day.
Probability and stop-loss need to be matched well
If you have a 60% success rate in each transaction, and set a 10% stop-loss each time, then after 100 transactions, your profit can more than triple.
The news, layout, and opportunities are the same. It depends on whether you can stick to the plan. Once the market fluctuates, your mentality cannot be chaotic.
Greed, that won't work
Start with 10,000 yuan, make 10% each time, and after 49 days, you will be a millionaire; 73 days, a multi-millionaire; 97 days, a billionaire.
But many people can't control their greed and end up losing everything. Even if you make money, it's hard to keep it going.