A guide to contract investment for newcomers in the cryptocurrency circle: Steady and steady, step by step to win
Friends, the ever-changing situation in the cryptocurrency circle is obvious to all, especially contract trading, which is full of opportunities and risks. Today, I will share some practical contract investment suggestions with friends who have just entered the cryptocurrency circle.
First of all, you must formulate a risk control plan. Newbies may wish to start with a light position, so that the risk is relatively small, and after a period of exploration, there is a high probability that you can get a certain return. For example, set a one-month cycle for yourself, keep a constant position unchanged, and adjust it according to the situation after one month. In this way, you can keep a calm mind when making orders, no longer nervous and anxious, this is the real way of investment, not speculation.
Secondly, stop loss is crucial! No matter what order it is, stop loss is indispensable. Even if you have suffered several losses due to stop loss before, you must never give up this principle.
In addition, do not make orders too frequently, wait for stable opportunities, ensure that the stop loss is small, and even if the stop loss does not cause serious losses. After doubling the profit, cash it in time and put it in your pocket. Whether you are going long or short, stop loss must be set and adjusted reasonably according to your personal tolerance. At the same time, avoid setting the stop loss points to integers. You can add a few more points to prevent losses.
Finally, I hope everyone can become rational traders and investors, develop good trading habits, control their mentality, and steadily accumulate wealth in the challenging market of the currency circle, rather than having a gambler mentality of getting rich overnight. Because when you bet everything on one bet, you have actually lost.
Click on the avatar if you like contracts, like to study the market, and study technology. I will share my experience and skills in the currency circle for free. I am waiting for you in the circle and I am online at any time. Welcome to discuss and make progress together